Liberal Forum

freeman » 21 Aug 2022, 10:23 am » wrote: ↑

21 Aug 2022, 10:23 am

Who runs the world? The same powers that own the weak-minded people in this forum
 
Running young couples out of the housing market.
Consistent with Klaus Schwab: "You will own nothing and you will be happy!" "Everything you need you can rent" (from the global elites).

"Yes, BlackRock’s Home-Buying Spree Should Concern You"

"But some in the general public is paying attention now following the resurfacing of an April WSJ article that chronicles BlackRock and other money institutions buying up single-family homes as quickly as they can at rates higher than the average homebuyer is willing to pay. They’re buying them up at a premium, and that should concern everyone whether you’re in the market to buy a home or not."

From the WSJ article link:
"A bidding war broke out this winter at a new subdivision north of Houston. But the prize this time was the entire subdivision, not just a single suburban house, illustrating the rise of big investors as a potent new force in the U.S. housing market."
“We certainly wouldn’t expect every single-family community we sell to sell at a 50% gross margin,” the builder’s finance chief, Bill Wheat, said at a recent investor conference."
https://noqreport.com/2021/06/11/yes-bl ... ncern-you/