If Passed Hedge Funds Would Have 10 Years To Sell All The Homes They’ve Accumulated, That Means BlackRock 40% of new homes purchases are now made by financial firms Private equity firms now own hundreds of thousands of homes skyrocketing the cost of home ownership turning them into forever rentals According to CNBC you need a six figure home to be able to afford a home in the United States Up to 60% of new homes are cash offers, the average American can’t compete with this “Woah. Woah. Woah. Woah. Continued below the vid clip
American’s Getting Excited Over Proposed Legislation Banning Wall Street Hedge Funds From Owning Single Family Homes
If Passed Hedge Funds Would Have 10 Years To Sell All The Homes They’ve Accumulated, That Means BlackRock
40% of new homes purchases are now made by financial… pic.twitter.com/cVBEjpg4bb
— Wall Street Apes (@WallStreetApes) December 12, 2023
Look at this. How come nobody’s talking about this? Why not? This is huge. Can you imagine if this happens? New legislation proposes to take Wall Street out of the housing market. You know what that means? They’re talking about hedge funds. Yeah. They’re talking about hedge funds not being able to own single family homes. Yeah. If this is and if this bill actually goes through all these big hedge funds have to get rid of all their little family houses.
That’s right. The hedge funds have to let them go over the next 10 years and can’t own them anymore. What do you think would that would do for real estate prices? What do you think that would do for people looking to buy a home. That could change the entire landscape. Let’s see if this goes through”
I asked Grok about it: Q: How many single-family homes in the US did Blackrock, Vanguard and State Street buy in the past ten years? Grok –
According to the information provided, it is difficult to give an exact number of single-family homes in the US that BlackRock, Vanguard, and State Street have bought in the past ten years. However, there are some reports and claims that can give us an idea of their involvement in the housing market. Robert F. Kennedy Jr. has claimed that these three companies are trying to buy up every family home in America and that by 2030, they will own 60% of all homes in the US. There are also reports that one-third of the homes sold in Texas last year were sold to corporations, including BlackRock. It is important to note that these claims and reports may not be entirely accurate and should be taken with a grain of salt. The exact number of homes bought by these companies in the past ten years is not readily available. – Liberty Lyons
Want to know why housing prices are unaffordable? 1) Low interest money printing by the Federal Reserve the past few years 2) BlackRock, WEF banks, and hedge funds intentionally buying up single family homes so “you’ll own nothing and be happy” by 2030 3) Record illegal alien invasion – those people gotta sleep somewhere! Banning hedge funds from buying our family homes will be a huge boost for middle class families I normally wouldn’t support gov’t intervention in the free market like this, but BlackRock has become a monopoly and they are *intentionally* trying to hurt American families Screw ‘em, let’s fight back Pass the End Hedge Fund Control of American Homes Act – DC Draino
Not to mention the government war on small landlords with the rent forgiveness and delays during COVID. Only big companies like Blackrock could survive and the government knew it. – Ignatius Rielly
I live in a subdivision in NC where the median home cost is probably around $375k or more, 550 homes and the last couple years it has turned into a haven for corporations to buy homes and rent them out. What a shit hole. I need to get out! – Brooke Mc
Vanguard & BlackRock are about to be banned from purchasing single family homes and converting them into rentals.
Vanguard & BlackRock are about to be banned from purchasing single family homes and converting them into rentals.
— Crypt0Fiend21 (@Crypt0Fiend21) December 10, 2023
Congress should ban Hedge Funds from buying single family homes. Hedge funds like BlackRock & Vanguard bought 44% of new single family homes in the last 3 years. They’ve inflated the housing market by 20% to 35% combined with 8% mortgage rates homes are unaffordable for Americans
