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They didn't say they aren't participating. They said quite clearly that they are. The accusation has been that they are buying single-family homes and then rent
by tootie 3y ago
They didn't say they aren't participating. They said quite clearly that they are. The accusation has been that they are buying single-family homes and then renting them out. Their position here is that they don't operate at that level at all. They are merely providing capital to companies who may or may not be doing stuff like that at scale.
- FireBeyond 3y ago> They are merely providing capital to companies who may or may not be doing stuff like that at scale. "Merely" is doing a lot of work there. As is "may or may not be". BlackRock very explicitly provides loans with the specific purpose of doing exactly that. "They provide capital to companies to do stuff like that at scale".