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Started By
Message
re: Blackrock will own 70% of Homes in 6 years. We will own nothing.
Posted on 10/22/23 at 4:47 am to RiverCityTider
Posted on 10/22/23 at 4:47 am to RiverCityTider
quote:Who are you referring to?
They are taking our pension funds and 401ks and buying up entire neighborhoods
0
Posted on 10/22/23 at 4:55 am to POTUS2024
quote:
While the current economy sucks they continue to prosper.
quote:
Posted on 10/22/23 at 4:58 am to RiverCityTider
quote:
Haight says 40% of farmland is no longer owned by farmers and is instead owned by nonlocal investors like Gates. And residential real estate is increasingly owned by financial firms like asset manager Blackrock and investment firm Blackstone, which look at land as a direct investment.
The USDA tracks ownership, meaning agricultural land can serve as a canary in the coal mine for changes in use for land across America — because it’s not just agricultural land that is changing hands. According to a Wall Street Journal report, corporate investors bought 15% of U.S. homes for sale in the first quarter of 2021. That consolidation and outside interest is happening across sectors.
They are driving food prices up. They are driving milk, cheese, beef, chicken vegetables up.
They are
quote:
By owning farmland, these investors can control the production of crops and ensure that they are getting the best return on their investment. Farmland offers them opportunities for long-term capital appreciation and cash flow. It can provide tax breaks and other benefits. Above all else, billionaires will always have secure access to food despite the population inflation and overwhelming food supply demands.
Posted on 10/22/23 at 5:03 am to POTUS2024
quote:
While the current economy sucks they continue to prosper.
They are asset managers, they do better in a good economy and strong market, but they still earn their commissions when the market is down.
This thread is a waste of time.
Posted on 10/22/23 at 5:14 am to 632627
Here is how Blackrock forces Wokeness on us all
LINK
quote:
Larry Fink has emerged as the point man for environmental, social, and corporate governance capitalism, broadly known as ESG. As chief executive officer of BlackRock, which holds a $10 trillion global portfolio, Fink leverages this immense power to compel companies that BlackRock invests in to comply with an aggressive climate change and diversity agenda in their operations.
Fink’s BlackRock is committed to a net-zero carbon strategy, and seeks global conformity across its clients on sustainability reporting measures, i.e., they must prove that their companies are seeking this goal.
LINK
Posted on 10/22/23 at 5:25 am to RiverCityTider
Note the modern day equivalent of the House Slaves on this thread.
coming to the defense of three companies that own the world and are destroying lives.
Jumping into thr thread to "debunk" and defend these huge monopolies ruining lives.
Are these online House Slaves truly power elites or are they delusional peons aspiring to be like their free enterprise massas?
quote:
The Big House was the domain of the domestic slaves who performed several duties such as cleaning, serving food and drinks, fanning the masters while they eat, toting water from ponds and outdoors cisterns or even from the river for domestic needs, washing and ironing clothes, taking care of all the needs of the children, etc.
coming to the defense of three companies that own the world and are destroying lives.
Jumping into thr thread to "debunk" and defend these huge monopolies ruining lives.
Are these online House Slaves truly power elites or are they delusional peons aspiring to be like their free enterprise massas?
Posted on 10/22/23 at 6:09 am to RiverCityTider
quote:I posted a set of facts for you.
RiverCityTider
quote:I'd like to say David Haight is misinformed. However with his access to actual facts as VP of the American Farmland Trust, it would be more accurate to simply tell you he's lying.
Haight says 40% of farmland is no longer owned by farmers and is instead owned by nonlocal investors like Gates. And residential real estate is increasingly owned by financial firms like asset manager Blackrock and investment firm Blackstone, which look at land as a direct investment.
E.g., Gates (The BMGF) owns ~270K acres of farmland. Bezos owns over 400K acres. Ted Turner owns ~2M acres. Combined, that totals about 0.3% of American Farmland.
The type of non-family corporations Haight references own less than 5% of US farmland. LINK
Posted on 10/22/23 at 6:10 am to RiverCityTider
quote:Now that bit is accurate.
Here is how Blackrock forces Wokeness on us all
Posted on 10/22/23 at 6:33 am to NC_Tigah
quote:
Now that bit is accurate.
I generally think the whole ESG thing is overblown aside from when applying the E to o&g and energy companies, as there is a direct conflict of interest there. Asset managers are absolutely breaching fiduciary duty by pushing environmental initiatives on these types of companies.
In regard to the social/dei stuff, it's pretty clear that fink isn't the only woke executive and all these companies are gladly implementing DEI initiatives regardless of any pressure from asset managers (via controlling the board of directors).
Posted on 10/22/23 at 6:41 am to RiverCityTider
quote:
Blackrock will own 70% of Homes
Posted on 10/22/23 at 6:43 am to RiverCityTider
Blackrock should be broken up as a monopoly. It’s absolutely massive
Posted on 10/22/23 at 6:46 am to RiverCityTider
quote:
Blackrock, Vanguard and Blackstone own everything.
Not entirely true. But because they proxy for the majority of shareholders, rhey wield inordinate control over many companies.
Plus you forgot some other major players: Goldman (the original scumbags) Fidelity, State Street, Capital Group, JPM Chase, and many others
Posted on 10/22/23 at 6:54 am to POTUS2024
quote:
It's a good thing you can draw a line connecting China, WEF, et al to the positions of BlackRock / Statestreet / Vanguard
China is probably the biggest opponent to your concept of "globalism" on Earth.
Believing both China is an emerging superpower/Asian hegemon and that the WEF controls the world are 2 competing ideas.
This post was edited on 10/22/23 at 6:55 am
Posted on 10/22/23 at 7:05 am to BeepNode
quote:
There should be an additional property tax on residential land not owned by the inhabitants.
There already is. No homestead exemption and an income tax premium on investment income for higher earners.
Posted on 10/22/23 at 7:08 am to Upperdecker
quote:
Blackrock should be broken up as a monopoly.
I am wondering if anti trust laws still exist after the past 25 years.
"Too big to fail" is a primary component of technocracy. We better get used to it.
Posted on 10/22/23 at 7:12 am to RiverCityTider
This thread is so ridiculous
Posted on 10/22/23 at 7:27 am to RiverCityTider
quote:
Does Trump address this? DeSantis? Biden?
I'm not endorsing Kennedy? I'm going to vote Trump. But I'm simply pointing out that our problems are bigger than we think and our paradigms are completely out of touch.
I have been on this for the last few years. And it took Trump being in office for me to really see it.
Far too many people saw him as either a pariah or a savior when he really was neither. The office of the President is not some kingship to lord over the plebs. It was originally intended to have limited power so that it is not what it is today. (Of course we know this all changed with Lincoln's tyranny)
The biggest problem in politics and the USA today is everyone wants to control the center. They believe if their party could just get super majorities in both houses, the WH, the SC, they could make policy that they believe will be the right one.
Truth is, secession/ balkanization/ or maybe nullification is what will change things. People will coalesce to the states or areas that best represent what level of government they desire.
When the Constitution was written and passed the representation was ~30,000:1. Today it is 617,000:1. How can anyone have fair representation when the ratio is so high?
Posted on 10/22/23 at 7:28 am to RiverCityTider
quote:
They are offering 25 to 50 percent over asking price.
Do you have a contact there that I can get that kind of an offer from?
Posted on 10/22/23 at 7:36 am to Lou Pai
Blackrock doesnt own anything....you do, its in your retirement, your 401K etc.
And I highly doubt buying real estate at 50% over the asking price would bring a very good return on your assets and you and your coworkers would ask to move to other options, its your legal right.
And I highly doubt buying real estate at 50% over the asking price would bring a very good return on your assets and you and your coworkers would ask to move to other options, its your legal right.
Posted on 10/22/23 at 7:37 am to BeepNode
quote:There is. Commercial owners do not get to claim homestead exemption.
There should be an additional property tax on residential land not owned by the inhabitants.
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