Meanwhile if BlackRock became insolvent, the government would bail them out
How many single parents with four kids can afford a house?
All of them if it wasn’t for greedy corporations.
Hey, 2$ is a bid.
All of them if you take it speculators
Quite a lot, considering child support is a thing.
Name one!
I think people misunderstand what BlackRock does. It’s a proxy for other investors. Investors all around the world buy assets, produced by BlackRock and BlackRock routes that money into corresponding shares/bonds/real estate, etc.
What single mother of 4 is even shopping for, let alone bidding on, an actual house?
A single mom who works two jobs who loves her kids and never stops. With gentle hands and the heart of a fighter…
I am no BlackRock lover, but at some point you should ask yourself: “do I need more kids?”.
this guy just knows there’s a lot of cocaine out there and it’s against market principles to let it go to waste
Ummmm let them have it. They are overpaying anyways.
That doesn’t matter. Once corporations own enough of the housing market, they can literally sit on them and never sell. Then people will be forced to rent at whatever prices they want to charge. Initial high cost will be offset quickly by forever rents.
I used to think this way, but after being a home owner, a home is a depreciating value. Couple that with home repairs, bad renters, high taxes, and general business operations cost. Initial overpayment for a home will not let you pay return.
