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Posted on 6/22/23 at 4:34 pm to 14&Counting
quote:
I’m free market capitalist but I have a problem with this. I just don’t think it’s good for communities or the country
quote:
Institutional investors may control 40% of U.S. single-family rental homes by 2030, according to MetLife Investment Management. And a group of Washington, D.C., lawmakers say Wall Street needs to back away from the market.
I mean single family homes should go to families, not private firms.
quote:
Until the early 2010s, institutional investors in American homes focused mostly on large, multifamily structures like apartment complexes. That all changed during the great recession of 2009.
Ahh so the, everyone should buy a home has lead to this...
quote:
In 2021, the single-family rental market saw a massive spike, jumping up 40%, with companies like American Homes 4 Rent and Invitation Homes seeing double-digit rent growth.
This post was edited on 6/22/23 at 4:39 pm
Posted on 6/22/23 at 4:40 pm to jnethe1
quote:
The goal being to make them into rental homes. Which will then allow them to integrate the hood into the suburbs.
they are trying to make entire rental communities.
You will own nothing!
Posted on 6/22/23 at 4:47 pm to dgnx6
quote:Says who? You, in central planning?
I mean single family homes should go to families, not private firms.
quote:This is still but a tiny fraction of US homes.
Ahh so the, everyone should buy a home has lead to this...
quote:
In 2021, the single-family rental market saw a massive spike, jumping up 40%, with companies like American Homes 4 Rent and Invitation Homes seeing double-digit rent growth.
Posted on 6/22/23 at 4:54 pm to PeteRose
The own nothing and eat bugs people are buying everything up. Higher interest rates actually helps them.
There should be a national property tax on all properties that are not owned by the people living in it.
There should be a national property tax on all properties that are not owned by the people living in it.
Posted on 6/22/23 at 4:57 pm to PeteRose
quote:
How can average American compete with this?
Blackrock says hello
This is all by design
Drive up the prices, push people to sell if they can’t afford property taxes and push them to rent
You’ll own nothing and be happy
People really need to wake up
Posted on 6/22/23 at 5:01 pm to BeepNode
quote:
There should be a national property tax on all properties that are not owned by the people living in it.
Oh yeah, more taxes always fixes the problem.
Posted on 6/22/23 at 5:22 pm to BeepNode
quote:
There should be a national property tax on all properties that are not owned by the people living in it.
The amount of people in here calling for more taxes to fix this is alarming
Posted on 6/22/23 at 5:25 pm to PeteRose
Corporations are evil mfers
Posted on 6/22/23 at 5:26 pm to TutHillTiger
quote:
Corporations are evil mfers
Do you not own stock?
Posted on 6/22/23 at 5:40 pm to Dawgfanman
The Blackrock way..
- Buy up all the single family homes
-turn them into rentals
- Rent them to people who can't possibly afford them but have some guaranteed government money to backstop them
- get tax credits for renting to minorities
- Buy up all the single family homes
-turn them into rentals
- Rent them to people who can't possibly afford them but have some guaranteed government money to backstop them
- get tax credits for renting to minorities
Posted on 6/22/23 at 8:15 pm to Deactived
quote:
The amount of people in here calling for more taxes to fix this is alarming
It’s more frightening that people still defend stuff like this as “free market” after our government forced the closure of thousands of businesses for more than 2 years based on speculative science.
We have lived in a rigged economy since the financial crisis.
Posted on 6/22/23 at 8:35 pm to 14&Counting
quote:
I’m free market capitalist but I have a problem with this. I just don’t think it’s good for communities or the country
Every one of these homes has someone moving in them, they serve a need in the market as decent rental housing in booming markets, this will be young professional housing where else do you wish for them to live?
Welcome to Californiacation.
Posted on 6/22/23 at 8:45 pm to Deactived
quote:
The amount of people in here calling for more taxes to fix this is alarming
Derp. its like both "sides" are mindless bots.
When while you all realize that the WEF crowd has weaponized and taken advantage of all of your ideological sticking points.
This post was edited on 6/22/23 at 8:53 pm
Posted on 6/22/23 at 9:32 pm to PeteRose
quote:
Almost 30% of 2021 homes sold in Texas went to corporations
Gee, I'm sure it's just a huuuuuge coincidence that all the sudden so many of our politicians and major real estate developers like Don Huffines are screaming at the tops of their lungs that we need to completely abolish all property taxes.
Posted on 6/22/23 at 9:33 pm to WhereisAtlanta
quote:
Every one of these homes has someone moving in them
yeah as fricking rentals.
wake the frick up.
Posted on 6/22/23 at 9:45 pm to LordSaintly
quote:
Shouldn't be allowed
Why not? America was sold to big business generations ago. Food, medicine, energy, communications—all sectors of mass consolidated economic power.
This post was edited on 6/22/23 at 9:48 pm
Posted on 6/22/23 at 9:55 pm to Dr RC
quote:
yeah as fricking rentals.
wake the frick up.
These people don't get what the WEF Blackrocks of the world are doing and how it is a clear path towards dystopia.
Posted on 6/22/23 at 10:10 pm to Teddy Ruxpin
If you want to own 8 homes, good for you. That said, it’s probably better for the community if home prices are geared to people living in the community.
Posted on 6/22/23 at 10:17 pm to 14&Counting
quote:
I’m free market capitalist but I have a problem with this. I just don’t think it’s good for communities or the country
Agree. Monopolistic
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