Monday, July 25, 2022


the attacks on the mass of humanity is coming from all sides though not as obvious as some of the others, though if it ain't the klaus schwab gang, they're certainly in some manner of support; 

Investors’ participation in the housing market during the pandemic may have been instrumental in driving up prices and making it harder for the average American to achieve homeownership

  • Investors with large portfolios nearly doubled their share of purchases from September 2020 to September 2021, reducing the supply of available housing — particularly in lower-priced markets — and driving up prices further
  • Blackstone is the largest landlord in the U.S. as well as the largest real estate company worldwide, with a portfolio worth $325 billion
  • BlackRock, one of the largest asset management firms, is another mega firm buying up U.S. houses; if trends continue, some believe Wall Street investors could accomplish feudalism in 15 years
  • Aladdin, which stands for Asset, Liability, Debt, and Derivative Investment Network, is BlackRock’s technology platform, which controls $21 trillion of the global economy and has access to data on the global real estate market

Buying a home — often viewed as a cornerstone of the American dream — is getting harder to afford in the U.S. The reasons why are complex, a perfect storm of rising interest rates and high housing prices have priced many people out of the market.1 But there are other factors at play, including record-low inventory2 and competition from investors, who purchase homes in cash about 75% of the time.  ............more..........

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