4 ms·
This is just a play from high-powered NIMBY SF players to placate the devs, landlords, scumlords and hedgies (like blackRock) Nothing more. REPLY TO BELOW: -
by samstave 4y ago
This is just a play from high-powered NIMBY SF players to placate the devs, landlords, scumlords and hedgies (like blackRock)
Nothing more.
REPLY TO BELOW:
- If they are not hedge funds, then what are they, BE SPECIFIC.
- deleted 4y ago[deleted]
- astrange 4y agoA mildly funny thing about vacant housing/everything is corporations conspiracists is they can't tell the difference between BlackRock and Blackstone. Though neither one is a hedge fund.
- samstave 4y agoSerious : Would like to learn more about distiction, business model etc between them.... Care to point me somewhere?
- astrange 4y agoThey are completely unrelated companies with similar names. There is nothing to compare. Blackstone is buying houses (though it's more an effect of the housing crisis than the cause of it); BlackRock runs ETFs you can buy in your retirement fund and is known for asking corporations to care about climate change.
- harambae 4y agoblackstone - private equity / alternative investments company (originally mediated M&A deals) blackrock - primarily sells shares in index funds; one of the big 3 index managers (started as a partnership between blackstone and others... that's why the similar name)