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"We don't buy them silly! We just buy huge stakes in the companies who buy all the homes! - totally different! We certainly can't use our monetary influence in
by bearjaws 3y ago
"We don't buy them silly! We just buy huge stakes in the companies who buy all the homes! - totally different! We certainly can't use our monetary influence in any other way!"
- Etheryte 3y agoThis is also a common way to sidestep ESG metrics, instead of investing in companies that do business in oil, coal and etc, invest in investing companies that exclusively invest in those companies instead. Nothing to see here, just investing in financial institutions.
- deleted 3y ago[deleted]
- Red_Leaves_Flyy 3y agoFTA > Additionally, BlackRock invests in multifamily properties, apartment complexes, and other residential real estate. Many multi family units were once SFH. Ignoring this narrows the conversation to a scope that black rock prefers not in a way that is intellectually honest or necessary to critically evaluate the wants needs and desires of the actual market participants and how institutional ownership distorts the market. Black rock considers it a given that their investments are mutually beneficial but this is not a safe assumption to make and should be evidenced with robust data. I expect the data to show that black rock is profiting off of the misery of their tenants but I’m open to alternatives and hope that I am wrong. Also, is black rock a participant in the emerging rent price fixing scandal?