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> What am I missing? Entities such as Blackrock. You might not be able to afford a house in the future. People may just be renting as the norm.
by hezralig 4y ago
> What am I missing?
Entities such as Blackrock.
You might not be able to afford a house in the future. People may just be renting as the norm.
- refurb 4y agoOne of Blackrock’s biggest funds (coincidentally doing quite poorly) was $69B. It was a global fund. The value of residential real estate in the US is
- EVa5I7bHFq9mnYK 4y agoChatGPT timed out?
- refurb 4y agoTotal value of US residential real estate is $4,225B. Blackrock’s fund is 1.6% of that, if it were exclusively a US fund, which its not.