Posted by
Message
Tiguar
Minnesota Fan
Montana
Member since Mar 2012
31483 posts

re: Why is BlackRock, (the FED), buying every "Single Family House", they can find?
yeah, but if no ones buying it then the price will come down eventually


Azkiger
Member since Nov 2016
12465 posts

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

yeah, but if no ones buying it then the price will come down eventually


What happens if you have tons of people waiting for the prices to drop, and the prices drop?


Tiguar
Minnesota Fan
Montana
Member since Mar 2012
31483 posts

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

I don’t really get your point. Markets ebb and flow. Materials are stupid expensive right now but will get back to “normal” barring some retarded shite from our current administration, which admittedly may happen but
This post was edited on 6/11 at 10:00 am


Slevin7
LSU Fan
Member since Sep 2015
1396 posts

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




Big Scrub TX
LSU Fan
Austin
Member since Dec 2013
24989 posts

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

Prices will eventually drop, lumber isn't going to stay at 1400 a thousand board feet once the federal government end their covid welfare programs and US lumber mills get their workers back.

Prices will drop once the fed starts bumping up interest rates, which they're already talking about doing.

This will turn into another too big to fail bubble that the average tax payer will be expected to eat. Worse, the money used in the first place was created by the tax payer.
Nah. BlackRock won't fail if a couple of billion dollars earn a lower return.


Replies (0)
Replies (0)
01
NC_Tigah
LSU Fan
Carolinas
Member since Sep 2003
104607 posts
 Online 

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

Average Americans were outbid to a tune of $32million
quote:

Why is BlackRock, (the FED), buying every "Single Family House", they can find?
Sounds like their purchasing agent paid $31 Million too much


Replies (0)
Replies (0)
30
Hayekian serf
Member since Dec 2020
580 posts

re: Why is BlackRock, (the FED), buying every "Single Family House", they can find?
This is the true Road to Serfdom and it will come from the corporate left.


Replies (0)
Replies (0)
60
BobBoucher
LSU Fan
Member since Jan 2008
12841 posts
 Online 

re: Why is BlackRock, (the FED), buying every "Single Family House", they can find?
This is against most HOAs. Rentals are not permitted. Wonder how they get around that.


boogiewoogie1978
Arkansas Fan
Little Rock
Member since Aug 2012
11968 posts

re: Why is BlackRock, (the FED), buying every "Single Family House", they can find?
They know inflation is coming so they drive up real estate prices to hedge against that. Worst case they rent them out.


Replies (0)
Replies (0)
20
deltaland
Mississippi St. Fan
Member since Mar 2011
62721 posts

re: Why is BlackRock, (the FED), buying every "Single Family House", they can find?
Glad we just bought a 3,000 sq ft home and paid for it in full. No mortgage, nothing.



TD SponsorTD Fan
USA
Member since 2001
Thank you for supporting our sponsors
Advertisement
La Place Mike
LSU Fan
West Florida Republic
Member since Jan 2004
24506 posts

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

This is against most HOAs. Rentals are not permitted. Wonder how they get around that.


When they buy the entire subdivision they are the HOA.


cwill
Member since Jan 2005
48121 posts
 Online 

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


LookSquirrel
LSU Fan
Ponchatoula
Member since Oct 2019
2301 posts

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

It is a joke, right?

Sorry, face palm. A comic actually being funny.
This post was edited on 6/11 at 5:42 pm


Replies (0)
Replies (0)
00
cajunangelle
LSU Fan
eating a fried oyster/shrimp poboy
Member since Oct 2012
120553 posts

re: Why is BlackRock, (the FED), buying every "Single Family House", they can find?
Daily Mail had an article on this as well.

I knew there was something to this. Otherwise shithole towns are in bidding wars for homes.


Replies (0)
Replies (0)
20
thetempleowl
Temple Fan
dallas, tx
Member since Jul 2008
13503 posts

re: Why is BlackRock, (the FED), buying every "Single Family House", they can find?
Low interest rates and soon to be massive inflation. Cost of real estate and everything goes up.

Taking out a low interest loan is like free money when inflation and interest rates go up.

So in short they are doing this because of the monetary policy that bidenfrick is implementing.



Bass Tiger
USA Fan
Member since Oct 2014
25972 posts

re: Why is BlackRock, (the FED), buying every "Single Family House", they can find?
I’m generally against heavy handed government regulations but since 2008/2009 a large percentage of real estate that was lost by average Americans during the financial meltdown is now control by institutional real estate investors. It sucks because the people/institutions that were largely responsible for the financial meltdown and subsequent real estate collapse now are controlling a lot of rental homes/properties.

I’m beginning to wonder if there should be limits on how much real estate any one entity can control/own?


Replies (0)
Replies (0)
50
Big Scrub TX
LSU Fan
Austin
Member since Dec 2013
24989 posts

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

paid for it in full. No mortgage, nothing.
If you really believe in this hyperinflation meme, that's dumb.


Replies (0)
Replies (0)
11
Slevin7
LSU Fan
Member since Sep 2015
1396 posts

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

What happens if you have tons of people waiting for the prices to drop, and the prices drop?


“They buy it?”

Who the frick down votes a supply and demand chart. It’s literally Econ 101.

Sorry to derail. You guys are posing interesting theories.


Replies (0)
Replies (0)
20
CelticDog
LSU Fan
Member since Apr 2015
34218 posts

re: Why is BlackRock, (the FED), buying every "Single Family House", they can find?
black rock as described above is an example of capitalism gone amok.

why do you say FED?



CelticDog
LSU Fan
Member since Apr 2015
34218 posts

re: Why is BlackRock, (the FED), buying every "Single Family House", they can find?
its important.
example:
companies just bid on an entire development.
one bid $32 million over cost.
now they control rent on 125 homes.


Replies (0)
Replies (0)
10
first pageprev pagePage 4 of 6next pagelast page

Back to top

logoFollow TigerDroppings for LSU Football News
Follow us on Twitter, Facebook and Instagram to get the latest updates on LSU Football and Recruiting.

FacebookTwitterInstagram