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439

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[–] 4 pts

Blackrock has been around for a while. They presided over the largest (at the time) corporate mortgage default (their fault) to date back during the last housing crash, and their analysis papers were similar to the "We're at the bottom, it's all up from here!" stories from the depression even as the housing bust was just getting started.

The place I used to work had a bunchobux invested with Blackrock, I wish I'd kept Bob Doll's analysis of the housing crash right after Lehman Brothers fell.

Kind of an aside, housing cycles tend to run about 20 years. We're about 10-12 into this one, depending on when you believe it started.

[–] 9 pts

Isn't Blackrock buying like all the property they can right now, at obscenely over-market value?

I recall reading an article about this happening on the east coast, Blackrock name came up. This is basically forcing the "middle class" to rent, it's causing a serious housing crisis out there. Rent prices are skyrocketing because the demand is so high because people can't buy houses in the area the want/need to live.

A lot of these buyers come from New York. So... jews. Always.

[–] [deleted] 3 pts

They’re creating a serfdom in the US.