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Old 03-20-2024, 06:24 AM   #1
lezinterracial
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Why are BlackRock and Warren Buffett buying single family houses?

Why are BlackRock and Warren Buffett buying single family houses?

Waiting to resell when interest rates drop?
Or Turn the next generation to a nation of renters? ESG in your home?
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Old 03-20-2024, 08:06 AM   #2
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The main idea is like this:

"Own nothing, and be happy." - Klaus Schwab
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Old 03-20-2024, 08:09 AM   #3
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Its good business...once you own all of peasant real estate, you can do whatever, like a cartel.
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Old 03-20-2024, 08:39 AM   #4
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"Own nothing, and be happy." - Klaus Schwab
"Shit your pants, and be happy. - CurrentlySober GFY
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Old 03-20-2024, 09:18 AM   #5
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Billionaires gotta do something with all that cash so guess what? They end up buying EVERYTHING.
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Old 03-20-2024, 09:42 AM   #6
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Because they aren't stupid. You can rent it and it generates income while it sits there and appreciates in value.

Why aren't YOU buying homes?
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Old 03-20-2024, 11:43 AM   #7
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What Mr. Pheer said.

Because they can.

Of course, they also get more favorable financing terms than mom and pop investors.
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Old 03-20-2024, 11:47 AM   #8
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It's because we have to find a way to create more homeless people so we can make enough Soylent Green.

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Old 03-20-2024, 12:44 PM   #9
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Why are BlackRock and Warren Buffett buying single family houses?

Waiting to resell when interest rates drop?
Or Turn the next generation to a nation of renters? ESG in your home?

They’ve been for years. Also look up the “little israel project” blackrock is funding in ukraine
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Old 03-20-2024, 12:59 PM   #10
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You're asking why late stage capitalism exists?
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Old 03-20-2024, 06:07 PM   #11
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Because they aren't stupid. You can rent it and it generates income while it sits there and appreciates in value.

Why aren't YOU buying homes?
I have thought about it.
Seen too many horror stories. People not paying, then not leaving. You kick them out and they damage the place.

I hear the trick is to find the right renters.
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Old 03-21-2024, 01:24 AM   #12
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They’ve been for years. Also look up the “little israel project” blackrock is funding in ukraine
What are we talking about here? What does Israel have to do with it?
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Old 03-22-2024, 10:43 AM   #13
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What are we talking about here? What does Israel have to do with it?
Ever been to China Town?
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Old 03-22-2024, 10:48 AM   #14
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I hear the trick is to find the right renters.
Bingo. That IS the key. It is not easy finding the right people who can pay what you want, keep the place clean and stay for years.

But the Big Goal here for Black Rock et al is to own as much as they can - housing, food, transportation, energy, healthcare and so much more - so they can completely control the population, and thus all money.

I often say corporations are like lawn mowers that never shut off but continuously look for grass to mow until the entire neighborhood is nothing but concrete. Then the lawnmower switches to a bulldozer....
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Old 03-22-2024, 05:35 PM   #15
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The main idea is like this:

"Own nothing, and be happy." - Klaus Schwab
Is there anything fundamentally wrong with that? Given the declining birth rate of many developed economies and the rise of AI, is this necessarily something TO FEAR?
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Old 03-22-2024, 06:35 PM   #16
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Is there anything fundamentally wrong with that? Given the declining birth rate of many developed economies and the rise of AI, is this necessarily something TO FEAR?
Hey if you want to stay perpetually poor and never acquire any assets - you know, buy actual things - and be a slave to some overlord's whims then feel free. America is all about freedom isn't it?

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Old 03-23-2024, 01:00 PM   #17
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heh, its called depreciation, while you are spending your taxes are less, your depreciant fee's reduces that even more, and also controls rates to be rent higher at the same time keeping phoney increasing value the mirage it is...
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Old 03-23-2024, 02:41 PM   #18
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Ever been to China Town?
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Old 03-23-2024, 02:53 PM   #19
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Ever been to China Town?
Been to Chinatown? I take motherfuckers down to Chinatown.
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Old 03-23-2024, 04:24 PM   #20
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Owning nothing doesn't seem like a solution for happiness.
Unless if begging for food is the way to happiness
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Old 03-23-2024, 05:32 PM   #21
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What are we talking about here? What does Israel have to do with it?
Ignore him. He’s an idiot.
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Old 03-23-2024, 06:02 PM   #22
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Many folks on here seems to BE WIDE Awake now

Nice to see this 2 - 3 years later but eh Never too late...
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Old 03-23-2024, 07:00 PM   #23
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The great plan continues...
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Old 03-23-2024, 09:28 PM   #24
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What are we talking about here? What does Israel have to do with it?
I said “Little Israel Project”
Look it up
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Old 03-23-2024, 09:29 PM   #25
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Ignore him. He’s an idiot.
Stfu frosty
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I am he that carries a pointed staff and raises his fellows with certain grips and words
I am he that knows my brethren in the darkness as well as in the light

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Old 03-24-2024, 05:32 AM   #26
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I said “Little Israel Project”
Look it up
Whats your next MUST-READ recommendation? “Mein Kampf”?
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Old 03-24-2024, 11:06 AM   #27
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Many folks on here seems to BE WIDE Awake now

Nice to see this 2 - 3 years later but eh Never too late...
You need to get your butt out of Canada bro. It's the Most Woke place on Earth (next to Disney, of course).

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Old 03-29-2024, 08:19 AM   #28
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You need to get your butt out of Canada bro. It's the Most Woke place on Earth (next to Disney, of course).

I know

My daughter is still in College and my younger son is in his last year in high school.
(kids don't want to leave this shit hole Canada for now), so I need to stay for now can't leave them behind, this would kill me terribly.
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