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Thread.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…https://t.co/uTagTOQQgI— CulturalHusbandry (@APhilosophae) June 9, 2021
Thread.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…https://t.co/uTagTOQQgI
What this shows is that the (((investment firms))) are becoming Aware that the ‘stock market’ and all of the other Ponzi-Schemes and ‘Derivatives’ that (((they))) are running, are about to Collapse. Real Property cannot Vanish with a Keystroke of a Computer, so it is a Tangible Asset, like Gold, that for now can be ‘purchased’ with Fiat Paper Money.
The Problem for the ‘investor’ is, particularly on a Large Scale, being able to Manage, Maintain and Collect Rent on the Property. the Larger and more spread out the Assets, the more Expensive and Complex it becomes to “Collect the Rent” and make a Profit (or just not have a Loss). Considering the entire “economy” is Swirling the Bowel, at at some point the Possibility of ‘collecting the Rent’ becomes Un-Possible.
What does the (((slumlord))) do Then? Evict the Tenants? Then, all the Costs of the Property are ‘unfunded’. And in a Depression Economy, what if significant numbers of ‘tenants’ Refuse to Leave? How Many can be Forcibly Evicted before the Violence starts?
I don’t think that (((somebody))) has thought this through beyond what happens in a ‘Good Economy’. Displace enough (likely already Hungry) People, and the Results will overwhelm any possible ‘government response’ on behalf of the (((parasites))).
All to ash. Its summer
Nah we just like bitching on the net while sitting on the couch. We will just stay slaves since we apparently love it.
saw pretty much the same thing in the ’80s. doctors, lawyers, and various other speculators bought up lots of farm land. “land will always hold it’s value” was the selling point. in some areas, farm land prices doubled.then the bubble poped, land prices dropped back to near what they had been, and lots of doctors, lawyers and various other speculators lost a wadd of money. then they moved on to the great new wealth maker, the dotcom industry.
Guess how many BlackRockers are at top positions in Biden’s administration?
Michael Pyle — Chief econ advisor to Harris
Brian Deese — Natl Econ Council (also worked for Obama)
Wally Adeyemo -- Deputy Secy at Dept of Treasury
BlackRockers are there pushing a far-left agenda, and for paybacks and profits. It isn’t a coincidence that BlackRock has been leaving the USD to invest in tangibles like physical properties. The plan has already been laid out…but us commoners aren’t privy to insider knowledge.
I don’t know, but remember years ago that the really rich people on the east and west coast had this ” fantastic ” idea about removing just about everyone from the mid west part of the country and turning it back to nature or into a really ‘big ‘ nature park and moving the displaced people into ” more ” productive jobs. their idea was to return to nature and all of the things that were there before mankind moved in. The only people there would be the service people to manage the ” parks “. That bull s— idea came up 40 or more some years ago. Just remembering things that I’ve read.
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