[greeneyes]

ICYMI:

CulturalHusbandry
@APhilosophae
Thread.

Blackrock is buying every single family house they can find, paying 20-50% above asking price and outbidding normal home buyers. Why are corporations, pension funds and property investment groups buying...

https://twitter.com/APhilosophae/status/1402434266970140676

They are buying up whole neighborhoods. Take notice of what the 1% are doing and figure out why they are doing it.

[Bigg Red]

That is very, very concerning

[Bob Ireland]

***They are buying up whole neighborhoods. Take notice of what the 1% are doing and figure out why they are doing it***

I know that you know the answer, but I will take a guess. In a bad inflationary or collapsing economy, real property (commodities, land/houses, barter items) maintain their value. OTOH, owning debt is a disaster.