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Blackrock owns America’s homes – and a whole lot else, People are expressing concern that companies are buying up America’s housing stock, but the problem may run much deeper than that
American Thinker ^ | 06/12/2021 | Andrea Widburg

Posted on 06/12/2021 1:21:54 PM PDT by SeekAndFind

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To: rbg81; Jane Long

There’s a quiet residential street a few blocks from me, with very nice well-kept houses. One exception stands out: an apartment building with questionable, noisy characters loitering outside. I think I looked it up a few years ago and found it was Section 8 property.


21 posted on 06/12/2021 2:15:14 PM PDT by thecodont
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To: patriotfury; ProgressingAmerica

It’s called “National socialism.”

The fools who decried Trump’s “nationalism” don’t understand the word.

He used it in terms of patriotism, country first.

The left uses it in terms of centralization of power — think TR’s “New Nationalism,” Wilson’s “New Freedom” and FDR’s “New Deal” — all euphemistic slogans to hide the real agenda, centralization of power in the “national” government.


22 posted on 06/12/2021 2:16:26 PM PDT by nicollo (I said no!)
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To: Brian Griffin

I’m hoping now that unemployment is stopping. People will go back to work. Wages are up huge due to desperate companies Needing people. In a few months unemployment should be at precovid numbers or even better.


23 posted on 06/12/2021 2:18:39 PM PDT by napscoordinator (Trump/Hunter, jr for President/Vice President 2016 )
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To: SeekAndFind
If you can’t afford a house at current prices, RENT! Nobody is entitled to a single family home at a reasonable price. If anyone outbids you whether an individual or a fund, tough feces.

FHA, Fannie and Freddie are welfare for home builders as far as I am concerned.

24 posted on 06/12/2021 2:19:23 PM PDT by Clemenza (Elon Musk: wealthiest welfare queen in history )
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To: SeekAndFind

Resistance is Feudal.


25 posted on 06/12/2021 2:23:04 PM PDT by rfp1234 (Comitia asinorum et rhinocerum delenda sunt.)
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To: JonPreston
"Illegals will become our neighbors."

And their rent will be paid with our tax money.

26 posted on 06/12/2021 2:24:39 PM PDT by UnwashedPeasant (Trump is the last legally elected U.S. President.)
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To: Clemenza

“If you can’t afford a house at current prices, RENT! Nobody is entitled to a single family home at a reasonable price. If anyone outbids you whether an individual or a fund, tough feces”

This “let them eat cake” comment is why people are voting for socialism. The problem is a smaller and smaller amount of people can afford the price of current homes.
My niece and her husband live in NVA, played by all the rules, marriage before kids, both have above average jobs but to buy a homes in that area is 750-900k. Nearly all the single family homes in their neighborhood, probably 300 homes are rentals.

That is not good for a country.


27 posted on 06/12/2021 2:32:54 PM PDT by setter
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To: Alberta's Child

“A government-imposed COVID lockdown combined with a government-imposed moratorium on evictions quickly turns rental housing into the worst investment imaginable.”

A comment like that really blows up the gloom and doom narrative presented in the original post by the weenies at American Thinker. Carry on, Sir Knight.


28 posted on 06/12/2021 2:34:38 PM PDT by sergeantdave (Federal courts no longer have any standing in America. )
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To: SeekAndFind

This party is just getting started, wail til next year when the party favors come out


29 posted on 06/12/2021 2:38:53 PM PDT by eyeamok (founded in cynicism, wrapped in sarcasm)
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To: LumberJack53213

Define overpaying


30 posted on 06/12/2021 2:41:19 PM PDT by rb22982 ( )
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To: ClearCase_guy
Anything that becomes too big and powerful is dangerous.

Business or government.

31 posted on 06/12/2021 2:41:51 PM PDT by Harmless Teddy Bear (Nihil curo de ista tua stulta superstitione. (I'm not interested in your dopey religious cult.))
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To: setter
That is not good for a country.

It’s not good for northern Virginia but it probably IS good for the country. That overpriced residential real estate market only exists because it is a bedroom community for a fascist Federal government that has grown out of control.

I’m in the process of moving my home — AND MY BUSINESS — out of an overpriced Democrat stronghold to a place where I can earn an honest living without paying exorbitant taxes to feed a dysfunctional nanny-state.

32 posted on 06/12/2021 2:43:05 PM PDT by Alberta's Child ("And once in a night I dreamed you were there; I canceled my flight from going nowhere.")
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To: SeekAndFind

OK, its rotten....but what is the fix?


33 posted on 06/12/2021 2:44:50 PM PDT by G Larry (Force the Universities to use their TAX FREE ENDOWMENTS to pay off Student loan debt!!!)
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To: SeekAndFind

OK, its rotten....but what is the fix?


34 posted on 06/12/2021 2:44:50 PM PDT by G Larry (Force the Universities to use their TAX FREE ENDOWMENTS to pay off Student loan debt!!!)
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To: SeekAndFind

#1 business enterprise in history....

Slavery
Feudalism.

Come the next Advent.


35 posted on 06/12/2021 2:46:52 PM PDT by Varsity Flight ( "War by the prophesies set before you." I Timothy 1:18)
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Part of the Great Reset — eliminate property ownership making most everyone renters til death.


36 posted on 06/12/2021 2:47:44 PM PDT by Gene Eric (Don't be a statist!)
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To: SeekAndFind

Rd later.


37 posted on 06/12/2021 2:47:56 PM PDT by NetAddicted ( Just looking)
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To: Clemenza
If you can't afford a house at current prices, RENT!

Problem is that the landlords are selling their properties and getting out of the game.

A year of no rents from a property when you only own three is not a viable business plan.

So the bi boys are making out like bandits and will be able to set the rents at what ever they want because the small competition is all gone. Thanks to the government.

And you approve of that.

Interesting.

38 posted on 06/12/2021 2:49:29 PM PDT by Harmless Teddy Bear (Nihil curo de ista tua stulta superstitione. (I'm not interested in your dopey religious cult.))
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To: SeekAndFind

Reads like a Frank Peretti novel.


39 posted on 06/12/2021 2:50:18 PM PDT by metmom (...fixing our eyes on Jesus, the Author and Perfecter of our faith.)
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To: G Larry

Outlaw the korporate ownership of residential properties


40 posted on 06/12/2021 2:50:22 PM PDT by Gene Eric (Don't be a statist!)
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