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WylieTiger
LSU Fan
Member since Nov 2006
9735 posts
 Online 

re: Blackrock is buying every single-family house they can & paying 20-50% above asking price
This is scary as frick.


LoneStar23
USA Fan
USA
Member since Aug 2019
3504 posts

re: Blackrock is buying every single-family house they can & paying 20-50% above asking price
I posted a thread about the great reset early on during the scamdemic and was laughed at


Ross
Auburn Fan
Member since Oct 2007
44287 posts

re: Blackrock is buying every single-family house they can & paying 20-50% above asking price
quote:

inflation is right wing nonsense.


if you ignore everything that is going up in price, there is no inflation


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414
wutangfinancial
LSU Fan
Dallas, TX
Member since Sep 2015
6717 posts

re: Blackrock is buying every single-family house they can & paying 20-50% above asking price
PE has been buying residential properties for rental for quite a while.

quote:

Now, your potential lower to middle class home owner is positioned to be a permanent renter. This matters because for the lower and middle class owning a home is the most major part of any financial success, and future upward mobility.


Okay this is a total B.S. narrative. There are plenty of better asset classes to build wealth if you're lower or middle class. Not to mention that group is skewed young and assumed to never move in and out of those income and savings levels they are currently in.


El Segundo Guy
USA Fan
SE OK
Member since Aug 2014
3557 posts

re: Blackrock is buying every single-family house they can & paying 20-50% above asking price
I'd gtho of any metropolitan area. We need a type of voluntary migration. A 2nd "white flight ".


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273
stout
Arizona Fan
Smoking Crack with Hunter Biden
Member since Sep 2006
147643 posts
 Online 

re: Blackrock is buying every single-family house they can & paying 20-50% above asking price
quote:

In other words, run the good people out of neighborhoods all the way out to the country once the trash starts moving in, then repeat the process all over again.


No. Do your research on what the great reset is. They want to kill the middle class. It's like the precursor to some Hunger Games shite.



Horsemeat
New Orleans Saints Fan
Truckin' somewhere in the US
Member since Dec 2014
6919 posts

re: Blackrock is buying every single-family house they can & paying 20-50% above asking price
Everyone keeps trying to warn the lower and middle classes that the corporations and wealthy are setting up to ram a giant rod in our asses, but nooOOOOOoooo. Gotta protect the rich at all costs from the feds!


upgrayedd
US Space Force Fan
Lifting at Tobin's house
Member since Mar 2013
119153 posts

re: Blackrock is buying every single-family house they can & paying 20-50% above asking price
quote:

The Spleen told me in a thread earlier that this talk of inflation is right wing nonsense.


That retard will tow the line for whatever the left's current crusade may be.


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469
mattfromnj
New Jersey
Member since Mar 2020
387 posts

re: Blackrock is buying every single-family house they can & paying 20-50% above asking price
Our leaders are not indifferent to us, they actually hate us. They are doing everything they can to make life for the average middle class American worse and worse, more difficult in every sense.

This is just devastating.


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371
Paul Allen
Notre Dame Fan
Montauk, NY
Member since Nov 2007
67774 posts

re: Blackrock is buying every single-family house they can & paying 20-50% above asking price
4-4.5%


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hob
LSU Fan
Member since Dec 2017
1587 posts

re: Blackrock is buying every single-family house they can & paying 20-50% above asking price
So this is the iShares real estate ETFs buying these?

Maybe REZ?


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10
nugget
LSU Fan
Mostly Peaceful Poster
Member since Dec 2009
11912 posts

re: Blackrock is buying every single-family house they can & paying 20-50% above asking price
quote:

Gotta protect the rich at all costs from the feds!


Politicians, the rich, and corporations are all the same. If you squeeze out the middle class and small business, there’s nobody to compete with. You then set the prices however you want.


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320
nugget
LSU Fan
Mostly Peaceful Poster
Member since Dec 2009
11912 posts

re: Blackrock is buying every single-family house they can & paying 20-50% above asking price
Prime was over 8% 15 years ago


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70
goofball
Navy Fan
Member since Mar 2015
11807 posts

re: Blackrock is buying every single-family house they can & paying 20-50% above asking price
quote:

The Spleen told me in a thread earlier that this talk of inflation is right wing nonsense.



[moves more money into stock market and purchases 20 more silver eagles]


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140
SDVTiger
Hawaii Fan
Cabo San Lucas
Member since Nov 2011
53187 posts
 Online 

re: Blackrock is buying every single-family house they can & paying 20-50% above asking price
quote:

4-4.5%


Rates werent in the 4s 15yrs ago


Taxing Authority
LSU Fan
Houston
Member since Feb 2010
45230 posts

re: Blackrock is buying every single-family house they can & paying 20-50% above asking price
quote:

“Limited housing supply, low rates, a global reach for yield, and what we’re calling the institutionalization of real-estate investors has set the stage for another speculative investor-driven home price bubble,”
This is fun. They're ramping up to blame "capitalists" for this when the real cause is the Fed Reserve and government.


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344
Paul Allen
Notre Dame Fan
Montauk, NY
Member since Nov 2007
67774 posts

re: Blackrock is buying every single-family house they can & paying 20-50% above asking price
They were 10 years ago maybe mid 5’s to low 6’s 15 years ago


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15
RogerTheShrubber
LSU Fan
Juneau, AK
Member since Jan 2009
195318 posts

re: Blackrock is buying every single-family house they can & paying 20-50% above asking price
quote:

Everyone keeps trying to warn the lower and middle classes that the corporations and wealthy are setting up to ram a giant rod in our asses, but nooOOOOOoooo. Gotta protect the rich at all costs from the feds!


You haven't a clue what this story is about.


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724
tigeraddict
LSU Fan
Baton Rouge
Member since Mar 2007
9322 posts

re: Blackrock is buying every single-family house they can & paying 20-50% above asking price
Was an article I read this week at 5.6 million homeowners were behind or in foreclosure. You can’t get another load for at least 3 year and that is FHA. So those who lose their house will be renting for 3+ years.

Also, how bad of investor do you have to be if you buy up a DR Horton subdivision.....


OweO
LSU Fan
Plaquemine, La
Member since Sep 2009
94668 posts

re: Blackrock is buying every single-family house they can & paying 20-50% above asking price
The middle class, which is the most important class, is the class that gets screwed the most.


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