To: vespa300; Vigilanteman
vespa300 wrote:
“
>>>They didn’t “lose” anything unless they sold.>>>
They lost capital. I think Blackrock has been buying up homes contributing to the real estate inflation. A $17 Billion hit to capital may put a quick stop on that. Real Estate values?...Timber!!!
“
I think you just answered my question to vigilanteman.
54 posted on
03/11/2022 7:12:34 PM PST by
WildHighlander57
((the more you tighten your grip, the more star systems will slip through your fingers.) )
To: WildHighlander57
Yep. And even though it probably means I will get less for selling my home here (where Blackrock is less active), it will mean my daughter and family might actually be able, with our help, to buy a home large enough for two families (where Blackrock is more active) where they live.
And we will be able to retire near some grandchildren and leave the next generation some housing when we pass.
55 posted on
03/12/2022 7:20:31 AM PST by
Vigilanteman
(The politicized state destroys aspects of civil society, human kindness and private charity.)
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