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LookSquirrel
LSU Fan
Ponchatoula
Member since Oct 2019
2225 posts
 Online 

Why is BlackRock, (the FED), buying every "Single Family House", they can find?
quote:

Blackrock is buying every single family house they can find, paying 20-50% above asking price and outbidding normal home buyers. Why are corporations, pension funds and property investment groups buying...

quote:

entire neighborhoods out from under the middle class? Lets take a look. Homes are popping up on MLS and going under contract within a few hours. Blackrock, among others, are buying up thousands of new homes and entire neighborhoods.

quote:

As an example, a 124 new home neighborhood was bought in its entirety in Texas. Average Americans were outbid to a tune of $32million. Homes sold at an avg if 20% above listing. Now the entire neighborhood is made up of SFR's. What are SFR's??

quote:

Single Family Rentals. 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.

CulturalHusbandry

Wall Street Journal

THIS is part of the "Great Reset".

You know, "You will own nothing and be HAPPY"

I thought this might be important information for people to know. I am no finance, or Real Estate expert, so if you all already know this, or find it unimportant, I apologize for the distraction, in advance.



Crimson Wraith
Alabama Fan
Member since Jan 2014
20481 posts
 Online 

re: Why is BlackRock, (the FED), buying every "Single Family House", they can find?
You don't need a house when the gubment will furnish you a one bedroom apt in the city that is close to your Hunger Games work detail.



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511
Bard
LSU Fan
Poli Board President-Elect
Member since Oct 2008
39941 posts

re: Why is BlackRock, (the FED), buying every "Single Family House", they can find?
This is not good. This will end up being slum-lording on steroids.


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300
Man4others
Member since Aug 2017
1796 posts

re: Why is BlackRock, (the FED), buying every "Single Family House", they can find?
Blackrock has a REIT that is raising shite loads of money. Retail investors at Merrill & Morgan Stanley are dumping money into the REIT and the REIT has to buy assets. They raised 1.9 Billion in April alone. That money has to be deployed and real estate has to be bought.


WhiskeyPlease
Member since Sep 2018
1675 posts

re: Why is BlackRock, (the FED), buying every "Single Family House", they can find?
10 thousand illegals need beds and the Tax Payers will boot the Bill


auggie
Auburn Fan
Opelika, Alabama
Member since Aug 2013
20413 posts

re: Why is BlackRock, (the FED), buying every "Single Family House", they can find?
Get to know the folks at your local Amish Sawmill/house builders.


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121
conservativewifeymom
Mid Atlantic
Member since Oct 2012
10709 posts

re: Why is BlackRock, (the FED), buying every "Single Family House", they can find?
Part of the regressives' plans to demographically re-engineer our beloved country!


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163
SDVTiger
Hawaii Fan
Cabo San Lucas
Member since Nov 2011
53032 posts

re: Why is BlackRock, (the FED), buying every "Single Family House", they can find?
To make money


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214
LookSquirrel
LSU Fan
Ponchatoula
Member since Oct 2019
2225 posts
 Online 

re: Why is BlackRock, (the FED), buying every "Single Family House", they can find?
quote:

What Is a Real Estate Investment Trust (REIT)?
A real estate investment trust (REIT) is a company that owns, operates, or finances income-generating real estate. Modeled after mutual funds, REITs pool the capital of numerous investors. This makes it possible for individual investors to earn dividends from real estate investments—without having to buy, manage, or finance any properties themselves.


OH? Okay.

But, wait. They say they are turning them into SFR (s), Single Family Rentals. So, who would manage that?


Pepperoni
US Space Force Fan
Not in fear
Member since Aug 2013
1514 posts

re: Why is BlackRock, (the FED), buying every "Single Family House", they can find?
quote:

But, wait. They say they are turning them into SFR (s), Single Family Rentals. So, who would manage that?

Illegals?


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Member since 2001
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RobbBobb
Matt Flynn, BCS MVP
Member since Feb 2007
20778 posts

re: Why is BlackRock, (the FED), buying every "Single Family House", they can find?
They are attempting to turn Texas blue


LookSquirrel
LSU Fan
Ponchatoula
Member since Oct 2019
2225 posts
 Online 

re: Why is BlackRock, (the FED), buying every "Single Family House", they can find?
They are buying entire neighborhoods, like the one in Texas, the WSJ, wrote about.


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50
BarberitosDawg
Tampa Bay Rays Fan
Lee County Florida across causeway
Member since Oct 2013
9524 posts
 Online 

re: Why is BlackRock, (the FED), buying every "Single Family House", they can find?
SOMA, SONESTA,

Ring a bell...


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51
PUB
LSU Fan
New Orleans
Member since Sep 2017
9119 posts

re: Why is BlackRock, (the FED), buying every "Single Family House", they can find?
Section 8 for illegals at triple current rates to funnel trillions more to corrupt corporate in exchange for the billions in "legal" bribes and kickbacks to the politicians


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161
chalmetteowl
LSU Fan
Member since Jan 2008
35737 posts

re: Why is BlackRock, (the FED), buying every "Single Family House", they can find?
quote:

Blackrock is buying every single family house they can find, paying 20-50% above asking price and outbidding normal home buyers.


that's good news for when i want to sell mine


auggie
Auburn Fan
Opelika, Alabama
Member since Aug 2013
20413 posts

re: Why is BlackRock, (the FED), buying every "Single Family House", they can find?
quote:

that's good news for when i want to sell mine

Not after they've moved the illegals in, and your property value has fallen to china.


chalmetteowl
LSU Fan
Member since Jan 2008
35737 posts

re: Why is BlackRock, (the FED), buying every "Single Family House", they can find?
quote:

Not after they've moved the illegals in, and your property value has fallen to china.



i'm gonna be first and chill at the bank...
This post was edited on 6/10 at 4:56 pm


hubreb
Ole Miss Fan
Member since Nov 2008
1259 posts

re: Why is BlackRock, (the FED), buying every "Single Family House", they can find?
quote:


But, wait. They say they are turning them into SFR (s), Single Family Rentals. So, who would manage that?


Local real estate mgmt companies, this is nothing new...been going on for a long long time...but previously they bought distressed properties


auggie
Auburn Fan
Opelika, Alabama
Member since Aug 2013
20413 posts

re: Why is BlackRock, (the FED), buying every "Single Family House", they can find?
If I lived in a town, I would be getting out now.


MeatPants
Member since Nov 2015
7825 posts

re: Why is BlackRock, (the FED), buying every "Single Family House", they can find?
I don’t know what I think of this. If I was a seller I’d be ecstatic.



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