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/biz/ - Business & Finance

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57133499 No.57133499 [Reply] [Original]

So who's going to buy the homes now...?

>> No.57133564

/biz/ always say nothing when they get BTFO'd

>> No.57133576

>>57133499
Doomerchudbros how do we refute this?

>> No.57133591

>>57133499
how about they fucking lied?

>> No.57133598

>>57133499
But why would blackrock just go online and lie?

>> No.57133603

That is correct Blackrock does not buy the homes, the investment firms and funds it manages purchase the homes.

>> No.57133612

>>57133598
because it has no consequences? if the truth ever reaches to normies they will simply not care or blackrock will say something like "well yeah, blackrock didn't buy anything directly but our subsidiary companies did."

>> No.57133637

>>57133499
me after I make 10000000000x from fartcoin and peepeepoopooinu

>> No.57133639

>>57133499
>That’s right goyim, Blackrock doesn’t buy SFRs, our wholly owned subsidiary Blackcube has a controlling interest in Saturn Homes Inc. and Saturn Homes is who buys the SFRs!

>> No.57133665

>>57133591
>>57133598
>>57133603
>>57133637
>>57133639
Just admit it, it's over for you Chuds.

>> No.57133777

probably one of those snopes-tier doublespeak things.

>because of our intention with renting and leasing of these homes, we actually consider them to be "single resident" homes, not "single family" homes :)

>> No.57133834

>>57133603
>>57133639
>>57133777
This and Checked

>> No.57133847

>>57133499
Almost true. They invest in companies who then do buy single family homes, but they're a small player in the housing market regardless. BR's real estate portfolio is almost entirely commercial industrial. Most flipped and rented homes are owned by small companies or even individuals, who have less than 100 homes in their inventory. They're usually poorly diversified, so downturns like the one we're ankle deep in right now hurts them badly

>> No.57133872
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57133872

>>57133499
>ascually its our sister company BlackStone who does real estate, goyim

>> No.57133886

>>57133499
I'm honestly not sure, To me real estate is a bad investment. Some people would call me crazy for that. And it is not that I am thinking that renting is better. I just think that at these prices,are ridiculous. With the same money You can live in the second world and never work again. Once i atleast semi make it this cycle in crypto i will fuck off from the country.

>> No.57133896
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57133896

Well, okay then. I'm sorry that I accused you.

>> No.57133914

>>57133499
Blackstone does

>> No.57133959

>>57133499
PANTS ON FIRE

>> No.57134063

>>57133639
>>57133872
Arguing with them is like nailing jello to a wall. Even if you prove them wrong they'll kvetch and invent more alternative "facts".

>> No.57134498

>>57133499
Even then if they drive up the price of the rest of real restate it will impact the price of single family houses.

>> No.57134585

>>57133499
True they dont buy single family homes, they buy entire suburbs of single family homes.

>> No.57134628

>>57133499
They don't but some other company they own does kek

>> No.57134665
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57134665

Why do retards still believe blackrock buys homes?
They literally don't even do this and I'm not trolling.

Stop believing everything you read online.
https://www.youtube.com/watch?v=Q6pu9Ixqqxo

Also, blackrock is a horrible company that benefits parasitically from the state and central banking.
THATS what people should be hating on blackrock for, not this homes myth.

>> No.57134670

>>57133603
>the investment firms and funds it manages purchase the homes.
But they don't even do that lol
https://www.youtube.com/watch?v=Q6pu9Ixqqxo

>>57133639
Companies like this own like 0.05% of single family homes.

>> No.57134684

>>57133499
Well I guess that takes care of that

>> No.57134700

>>57134063
Except polcucks are ones to make up alternative facts which they treat as evidence and when presented with a simple straight forward statement to btfo their conspiracy they instantly deflect into some other retarded theory, with nothing to back it up either. For example in this thread polcucks make up a bunch of le funny sister company names but can't actually name any

>> No.57134792

>>57133499
>blackrock paid for this post
Blackrock has equity in smaller firms that buys single family homes plus they drive up the costs on multi family homes which effects single family homes
Yes technically they don’t buy up single family homes directly but they have plenty of exposure to them through many ways
>>57133603
This anon gets it

>> No.57134804

>>57133499
BULLSHIT the fuckers do the exact opposite.

>> No.57134852

>>57134792
>buys single family homes
They buy 0.05 of the market.
Why is this even an issue?
https://www.youtube.com/watch?v=Q6pu9Ixqqxo

>> No.57134861

https://www.youtube.com/watch?v=l1TmgZtve2k

>> No.57134976
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57134976

>>57134665
>>57134670
>>57134852
>>57134861
You guys all poosted the same video

>> No.57134994

>jew screws you
>jew said he didn't screw you
You are here
>jew keeps screwing you
Ngmi

>> No.57135072

>>57133914
Was gonna say this. Everyone confuses Blackstone with Blackrock. I think Larry Fink founded both but they’re separate businesses.

>> No.57135082

>>57134700
Blackstone is the actual sister company, you utter nigger

>> No.57135109

>>57135072
>Blackrock
>Blackstone
>Blackpebble
>Blackpillar
>Blackmonolith
>Blackobelisk
Geee I wonder what porn category is his favourite?

>> No.57135118
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57135118

>>57133499
>>57133564
>>57133665
Blackrock kike shill or AI detected.
Started the thread of stupidity and used the new word of the day for shills, AI, and liberal kikes “chud”.
You guys are nigger grade retarded you know that right.
Btw faggot, a tweet by blackrock saying they don’t do something is not “proof” they are not doing it.

>> No.57135176
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57135176

>>57133499

>> No.57135202

>we at blackrock would never lie

do you trust a liar guys?

>> No.57135205

>>57133499
Damn well if the ad says the company is good it must be good

>> No.57135218

>>57134976
If our fight was meaningless they would not need to spread their propaganda

>> No.57135225

>>57134665
>>57134670
>>57134852
>>57134861

buy an add and stop shilling this youtube faggot bullshit

also, you contradict yourself several times
>Why do retards still believe blackrock buys homes?
>Companies like this own like 0.05% of single family homes.

fucking die in pain somewhere

>> No.57135361
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57135361

>>57134700
>simping this hard for Blackrock

>> No.57135389
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57135389

>fink /fiNGk/ derogatory•informal
>noun: fink; plural noun: finks
>an unpleasant or contemptible person.

>> No.57135425

>>57133639
The goyim know. Shut it down.

>> No.57135466

>>57135389
>its real
unironically

>> No.57135480
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57135480

>>57135466
https://www.youtube.com/watch?v=wXcdYBh3hgg

>> No.57135507

>>57135109
What's the lore behind ((())) and black stones? And no lame african cock conspiracies.

>> No.57135683
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57135683

>>57135507
As above, so below.

>> No.57135980

Literally NOBODY here has an argument against this.

Prove blackrock or blackstone are buying single family homes and PROVE that the percentage of their buying is anything to even give a shit about.

>> No.57136332
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57136332

>Literally NOBODY here has an argument against this.

>Prove blackrock or blackstone are buying single family homes and PROVE that the percentage of their buying is anything to even give a shit about.

>> No.57136353
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57136353

>>Literally NOBODY here has an argument against this.

>>Prove blackrock or blackstone are buying single family homes and PROVE that the percentage of their buying is anything to even give a shit about.

>> No.57136380

>>57133499
"It's not us buying, we are just the majority shareholder of firms that buy. Totally different,"


They really believe this, too

>> No.57136419

7 hours later and all I see from /biz/ is cope and seethe

>> No.57136441

>>57136353
>>57136332
>no argument
lmao nigger

>> No.57136591

>>57133499
They'll be buying apartment blocks.
For the
>lil downsizing
That's on the way for the tech nonces on 180k doing
>Literally nothing

>> No.57136717

>>57133665
I have a house, and it's almost paid off. I also have a stack of PMs that is equivalent to the value of my house. :D Yes, the days about me worrying about living paycheck to paycheck have been long over for me as I'm not a tardo with my $$$.

>> No.57136750

>>57136332
There is a new article from WSJ that says Blackrock is buying homes through smaller companies. https://www.wsj.com/articles/if-you-sell-a-house-these-days-the-buyer-might-be-a-pension-fund-11617544801

>>57134792
All those buy your house in cash now above market price... where are they getting all that fiat? cough cough if not Blackrock some other massive anti-human anti-freedom globohomo hedgefund.

>> No.57136757
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57136757

>>57133499
>sneedrock.png
Formerly Chuck Rock

>> No.57136776

>>57136717
>stack of PMs that is equivalent to the value of my house
What's that, like.... 56% on the sales tip. Bit pricey.

>> No.57136862

>>57136776
~overall 15% premium above spot, but i'm in the green so it doesn't matter. Don't plan on selling any and hopefully get to pass it on to family so they can use as collateral as investments. Need to diversify you assets, I have plenty in stock, 401k and crypto as well. But having a solid asset bring some peace of mind and it's fun to touch and look at.

Gubbernment doesn't like that you can change big wealth without them taxing it :(

>> No.57137312

>>57135082
>>57135361
nigger

>> No.57137347

>>57136757
Epic theme choon

>> No.57137466

>blackrock has paid shills on /biz/
Hire me plz.

>> No.57137517
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57137517

>>57133499

https://www.cnbc.com/2023/02/21/how-wall-street-bought-single-family-homes-and-put-them-up-for-rent.html

"As a fiduciary asset manager, we invest and manage capital on behalf of our clients in a vast array of public and private U.S. real estate markets" - Blackrock

Also, Blackrock is playing a semantical game. They DO own the real estate, they just claim it's on behalf of their clients. However, anyone that has the basic capability to look up how brokerages work, they would know the brokerage owns the asset, not the individual.

If you put $100 into a Blackrock REIT Fund, Blackrock OWNS the real estate in that fund, you're put on the liability side of their balance sheet. The corporation Blackrock is buying the real estate from recognizes Blackrock as the owner, not the individual that put in the $100.

Just a fun fact for you.

>> No.57137546
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57137546

>>57137517

To make myself clear just in case you're extra retarded;

If you buy 1 share of Microsoft through your Robinhood account, Microsoft recognizes Robinhood as the owner, not you.

>> No.57137813

>>57135980
https://apnews.com/article/home-sales-allcash-down-payment-real-estate-a79f4f6acc9c89439fa1d97ac4cca8f9
All cash buys for single family homes are up to 35% of the total market as of November.
All-cash buys are typically institutional/corporate/international investors.
So, yes, these companies are negatively impacting the housing market for normal people.

>> No.57138082

>>57137813
>https://apnews.com/article/home-sales-allcash-down-payment-real-estate-a79f4f6acc9c89439fa1d97ac4cca8f9
lol this doesnt prove shit
It was even higher than this over 10 years ago
Many people buy homes with cash

>> No.57138555

>>57133499
it's like google saying
>actually we don't do that (alphabet does, lmao)

>> No.57138880

>>57133591
How about YOU fucking lied you low iq chud? God you chudcels are pathetic.

>> No.57138955

blackrock and friends own big stakes in all the companies that DO want to buy your house though, and the banks which drop the loans to the smaller financiers that are buying houses + own the mortgages to your houses so... ya blackrock owns your home.
oh, and they own stakes in the homebuilders who basically set the supply of homes as well. just because they never bought a house directly doesn't mean they aren't incredibly influential in the housing market. not to mention all the other investments they do effect housing investment and migration lmao

>> No.57138971

>>57138082
FUCKING LIAR

LIAR LIAR LIAR LIAR LIAR LIAR LIAR

>> No.57138975

>>57135082
Blackstone is not related to BlackRock.

>> No.57138995

>>57133499
that's BLACK STONE
not ROCK

lmao

>> No.57139019

>>57138975
>>57138995
they basically admit to it themselves
https://www.blackrock.com/us/individual/insights/buying-houses-facts

>no we arent buying single family homes
>we are in the business of supplying homes
they should pick one

also

>Blackstone also ventured into other businesses, most notably investment management. In 1987 Blackstone entered into a 50–50 partnership with the founders of BlackRock, Larry Fink (current CEO of BlackRock), and Ralph Schlosstein (CEO of Evercore). The two founders, who had previously run the mortgage-backed securities divisions at First Boston and Lehman Brothers, respectively, initially joined Blackstone to manage an investment fund and provide advice to financial institutions. They also planned to use a Blackstone fund to invest in financial institutions and help build an asset management business specializing in fixed income investments.

you faggots need to try harder
https://en.wikipedia.org/wiki/Blackstone_Inc..

>> No.57139086

>>57137466
i get the feeling they dont pay alot

>> No.57139289

where you blackrock shill fuckers at??