Drahknor03 said:

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BlackRock is buying up entire subdivisions, generally of entry level housing, then assigning them to a property manager for rental income.

This lowers entry-home inventory, driving prices up for all homes. In turn this raises barrier to entry for average homebuyers, allowing other firms like Blackstone to come in at higher prices for single family homes and rent them to higher income Americans that can't pull the downpayment together to buy the artificially inflated higher-end home outright.

Pushing the entry level folks back into rentals owned by their buddy BlackRock.

Meanwhile, the both lobby the government to put barriers to entry on developers that don't play their game through ESG requirements.

Nasty cycle.

You won't own an thing, and you'll like it.

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I understand what you are saying but think you have the economic analysis wrong and are overstating the impact. dramatically

I suspect that both Blackrock and Blackstone are buying up real estate due to the coming wave of inflation they see coming. Real Estate is always a good spot to be in during inflation. When the inflation wave subsides I would expect them to both cash in on their profits and move on to the next thing. Trying to buy a home is going to suck until these guys decide to move on.

Institutional investors own very little and their buy box in constrictive. This is fear mongering.

Bubblez said:

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These people really need to be shut down. Seize their business, liquidate their assets and people can buy homes again

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Marcus Brutus said:

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So all the banks are in on it too? They also finance developers and homes.

Blackstone are the guys competing against families bidding on homes and trying to turn America into rental only.

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Yup
Now getting somewhere this artificial real estate bubble is being done by black rock and those investors ramping up the real estate prices they're going to do something drastic

African-AmericanRock

African-AmericanStone

Get it right, racists