3 ms·
I'm not saying anything about Blackrock (although they are most likely evil). I'm simply saying that we should ban private equity firms owning residential prop
by rpmisms 3y ago
I'm not saying anything about Blackrock (although they are most likely evil).
I'm simply saying that we should ban private equity firms owning residential properties, period. If it's not a problem, why should Blackrock care?
- alephnerd 3y ago> ban private equity firms owning residential properties What happens to apartments? What is a "PE" fund defined as? REITs own a number of properties but are not PE. Are small landlords banned from renting? What is the delineation of a Family Office/Small Landlord and a PE fund? You've basically done the policy equivalent of asking you to build me a website that can host FB level load with no other criteria except Facebook did it.
- rpmisms 3y agoI came up with a rough idea for a policy. I'd say it's more like I'm describing Facebook as a timeline-based social media website where you can connect with your friends. Low detail, high accuracy.