Sure they buy them, but for what? Noone is going to buy from them, or even afford the rent to them unless Blackrock subsidizes the rent and gives renters free money basically, which they won't do.
When you have free fed bux, do you really care about renting? Not sure I'm convinced.
They'll just do airbnb to justify the overhead of houses sitting.
Or just create non-profits as tax shelters.
Give money to non-profit, pay the rent for some bum to live in house, collect money from non-profit as rent passed through.
Fed Bux -> Blackrock -> Non-profit -> Useless eater -> Blackrock. TAX DEFERRED THE WHOLE WAY, PAID FOR BY THE TAXPAYER.
The entire system works off financial sophistry.
Don't use air bnb.
Well, you want productive assets. Otherwise just keep the cash and buy treasuries.
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