Disregard the tinfoil.

[Jolly]

A pulled post: https://threadreaderapp.com/thread/1402434266970140676.html

Now, all theories aside, are companies like Blackrock sucking up single family dwellings? If so, why?

[Copper]

They are after the copper in the pipes.

jk

[Loki]

How is that this info doesn’t get to people like me?

That’s what you have to ask yourself. Is it possible that those in the know are those the furthest removed? Hmmmmm….

[Jolly]

Or not. A lot of financial stuff isn't the fodder of the MSM.

As I said, disregard the tinfoil...Is BlackRock buying up a lot of SFHs and is this the norm?

[Doctor Phibes]

@jolly said in Disregard the tinfoil.:

Now, all theories aside, are companies like Blackrock sucking up single family dwellings? If so, why?

Well I sure hope they don't get bailed out if and when the housing bubble bursts. Let them die screaming.

[Jolly]

It's true.

https://thefederalist.com/2021/06/11/what-happens-when-hedge-funds-buy-up-neighborhoods/

[taiwan_girl]

@jolly is correct. I read from different articles a bit ago the same thing. Companies like the one that Jolly mention have some pretty sophisticated computer programs which look at population, housing price, amount of rentals, plus adding on a certain amount to bring the house to "rental quality" if needed. Did not realize it was so "widespread" in the US.

Money talks!!

[Jolly]

@doctor-phibes said in Disregard the tinfoil.:

@jolly said in Disregard the tinfoil.:

Now, all theories aside, are companies like Blackrock sucking up single family dwellings? If so, why?

Well I sure hope they don't get bailed out if and when the housing bubble bursts. Let them die screaming.

Too big to fail...