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Blackstone Prepares A Record $50 Billion To Snap Up Real Estate During The Coming Crash

 
ASSTARD
User ID: 83884866
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07/22/2022 07:04 AM
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Blackstone Prepares A Record $50 Billion To Snap Up Real Estate During The Coming Crash
damned


Alas, it also means that just like in 2007, a housing crash is now just a matter of time.

That much is known. What is also know, is that once housing craters, the largest US residential and commercial landlord - private equity giant Blackstone - is about to get even bigger. That's when it will deploy some (or all) of the record $50 billion in dry powder it has raised to prepare for just the coming housing crash.

According to the WSJ, Blackstone is the final stages of raising a new real-estate fund that would set a record as the biggest vehicle of its kind, defying market volatility and a crowded landscape for fundraising.

The private-equity giant said in a regulatory filing Wednesday it has closed on commitments totaling $24.1 billion for Blackstone Real Estate Partners X, the latest iteration of its main real-estate fund.

According to the WSJ, Blackstone is committing about $300 million of its own capita


[link to www.zerohedge.com (secure)]

Last Edited by Phennommennonn on 07/22/2022 07:39 AM
Anonymous Coward
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07/22/2022 07:06 AM
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Re: Blackstone Prepares A Record $50 Billion To Snap Up Real Estate During The Coming Crash
Keep on squattin in the clown world.
Anonymous Coward
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07/22/2022 07:09 AM
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Re: Blackstone Prepares A Record $50 Billion To Snap Up Real Estate During The Coming Crash
[link to www.wftv.com (secure)]
Anonymous Coward (OP)
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07/22/2022 07:11 AM
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Re: Blackstone Prepares A Record $50 Billion To Snap Up Real Estate During The Coming Crash
clappa
Light Bulb
M

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07/22/2022 07:13 AM
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Re: Blackstone Prepares A Record $50 Billion To Snap Up Real Estate During The Coming Crash
 Quoting: Anonymous Coward 80365281


Thanks for the above post. “Hedge funds vs. homeowners: Entire mobile home parks are being bought by investors”

They are certainly covering all home bases.
Agent 99

User ID: 77082640
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07/22/2022 07:24 AM

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Re: Blackstone Prepares A Record $50 Billion To Snap Up Real Estate During The Coming Crash
Corporations that bundle mortgages and speculate and drive prices out of our reach should be banned from purchasing, at least for the first year the house is on the market, and possibly forever!yoda
 Quoting: Anonymous Coward 83875568


this is the most important

they are treating housing market like the shorting of stocks
 Quoting: Anonymous Coward 83192002


YES. And foreign investors can buy up the US really quick when this happens. This is bad.

Call your Representatives.
[link to www.senate.gov (secure)]

[link to www.house.gov (secure)]
 Quoting: Agent 99


Thread: Blackstone Prepares A Record $50 Billion To Snap Up Real Estate During The Coming Crash (Page 3)
Anonymous Coward
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07/22/2022 07:41 AM
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Re: Blackstone Prepares A Record $50 Billion To Snap Up Real Estate During The Coming Crash
Love the op name change.
PhennommennonnModerator
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07/22/2022 07:42 AM

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Re: Blackstone Prepares A Record $50 Billion To Snap Up Real Estate During The Coming Crash
damned


Alas, it also means that just like in 2007, a housing crash is now just a matter of time.

That much is known. What is also know, is that once housing craters, the largest US residential and commercial landlord - private equity giant Blackstone - is about to get even bigger. That's when it will deploy some (or all) of the record $50 billion in dry powder it has raised to prepare for just the coming housing crash.

According to the WSJ, Blackstone is the final stages of raising a new real-estate fund that would set a record as the biggest vehicle of its kind, defying market volatility and a crowded landscape for fundraising.

The private-equity giant said in a regulatory filing Wednesday it has closed on commitments totaling $24.1 billion for Blackstone Real Estate Partners X, the latest iteration of its main real-estate fund.

According to the WSJ, Blackstone is committing about $300 million of its own capita


[link to www.zerohedge.com (secure)]
 Quoting: ASSTARD 83884866


this is how they'll do it. these fucks got deals with banks. when banks foreclose they'd take possession then put it on the real estate market for resale or auction it off to the public. try to getta foreclosure list from a bank. cant gettem bc blackrock n vanguard get a call from the banks n they buy it direct. no more resale to the ppl.

remember back in 18 or 19 that congresswoman was yelling that single family homes were racist??

they dont want home ownership. communism - u own nothing.
political correctness is a doctrine.... fostered by a delusional, illogical minority...... and rabidly promoted by an unscrupulous mainstream media; which holds forth the proposition that it is entirely possible to pick up a turd by the clean end.
Agent 99

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07/22/2022 07:57 AM

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Re: Blackstone Prepares A Record $50 Billion To Snap Up Real Estate During The Coming Crash
Foreign Buyers can gobble up US real estate soon, and that's BAD.

Muz will move in by the hundreds of millions.
IChoose

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07/22/2022 07:57 AM

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Re: Blackstone Prepares A Record $50 Billion To Snap Up Real Estate During The Coming Crash
Live rural, leave cities pronto
IChoose in all manner of my being

Without choice you are a slave
kat

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07/22/2022 08:00 AM
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Re: Blackstone Prepares A Record $50 Billion To Snap Up Real Estate During The Coming Crash
Disaster capitalism at its finest. They will pick up property for pennies on the dollar.
No good deed goes unpunished.
Let Freedom Ring 365

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07/22/2022 08:04 AM

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Re: Blackstone Prepares A Record $50 Billion To Snap Up Real Estate During The Coming Crash
bump
You are the creator of your own master plan... Make it a good one.

Wake the fuk up and be ready... This is absolutely no time to be stupid!

“If you want to find the secrets of the universe, think in terms of energy, frequency and vibration.” - Nikola Tesla
Anonymous Coward
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07/22/2022 08:04 AM
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Re: Blackstone Prepares A Record $50 Billion To Snap Up Real Estate During The Coming Crash
the rich get richer
Anonymous Coward
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07/22/2022 08:10 AM
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Re: Blackstone Prepares A Record $50 Billion To Snap Up Real Estate During The Coming Crash
damned


Alas, it also means that just like in 2007, a housing crash is now just a matter of time.

That much is known. What is also know, is that once housing craters, the largest US residential and commercial landlord - private equity giant Blackstone - is about to get even bigger. That's when it will deploy some (or all) of the record $50 billion in dry powder it has raised to prepare for just the coming housing crash.

According to the WSJ, Blackstone is the final stages of raising a new real-estate fund that would set a record as the biggest vehicle of its kind, defying market volatility and a crowded landscape for fundraising.

The private-equity giant said in a regulatory filing Wednesday it has closed on commitments totaling $24.1 billion for Blackstone Real Estate Partners X, the latest iteration of its main real-estate fund.

According to the WSJ, Blackstone is committing about $300 million of its own capita


[link to www.zerohedge.com (secure)]
 Quoting: ASSTARD 83884866


this is how they'll do it. these fucks got deals with banks. when banks foreclose they'd take possession then put it on the real estate market for resale or auction it off to the public. try to getta foreclosure list from a bank. cant gettem bc blackrock n vanguard get a call from the banks n they buy it direct. no more resale to the ppl.

remember back in 18 or 19 that congresswoman was yelling that single family homes were racist??

they dont want home ownership. communism - u own nothing.
 Quoting: Phennommennonn


damned
Feathery

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07/22/2022 08:21 AM

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Re: Blackstone Prepares A Record $50 Billion To Snap Up Real Estate During The Coming Crash
Live rural, leave cities pronto
 Quoting: IChoose


Stop telling people to "lIve rural". There is a reason villages, towns and cites exist.

It's just not possible for most people to survive in a rural setting. Where do you expect someone to live, a tent in the woods, on the plains, in the mountains?

Rural areas have less housing, not more.

I know a woman who lives in the bushes on main street a few miles off I-40 in a tiny New Mexico town. People like me pass through and help her out here and there, and the town keeps her fed and comfortable. It was 102 degrees; It hasn't rained there for two years. Someone rented her a hotel room for a week to get her out of the extreme heat awhile. The town is filled with forlorn abandoned homes, Blackstone or no one else is going to come in and buy any of it. They are buying in key development areas.

Now they are developing outside of Chattanooga, TN, I feel bad for the rural folks around there who won't be rural in 10 years.
Dippidy Doo Dog
Anonymous Coward
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07/22/2022 08:30 AM
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Re: Blackstone Prepares A Record $50 Billion To Snap Up Real Estate During The Coming Crash
 Quoting: Anonymous Coward 80365281


Thanks for the above post. “Hedge funds vs. homeowners: Entire mobile home parks are being bought by investors”

They are certainly covering all home bases.
 Quoting: Light Bulb


People who create money out of thin air vs people who work/contribute.

Communism they us the State to seize assets.

Vulture capitalism they print money as a means to transfer assets.
sorrow'sTear

User ID: 72896110
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07/22/2022 08:37 AM
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Re: Blackstone Prepares A Record $50 Billion To Snap Up Real Estate During The Coming Crash
I was hoping to pick-up something this time around. At a point in life where there is both cash and desire.
Anonymous Coward
User ID: 80641196
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07/22/2022 08:52 AM
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Re: Blackstone Prepares A Record $50 Billion To Snap Up Real Estate During The Coming Crash
Apply for a rental in Florida and you will be paying 60-150 for the privilege and a 60 page application to fill out. Every person in the home must be approved.
Anonymous Coward
User ID: 80461134
United States
07/22/2022 09:27 AM
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Re: Blackstone Prepares A Record $50 Billion To Snap Up Real Estate During The Coming Crash
Oh dear, hope they don't burn down
Slipknotz

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07/22/2022 09:33 AM
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Re: Blackstone Prepares A Record $50 Billion To Snap Up Real Estate During The Coming Crash
Create the bubble..Check

Pop the bubble..Check

Scoop up everything in the popped bubble for nothing..Check

Rule the USA..Check
Anonymous Coward
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07/22/2022 09:39 AM
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Re: Blackstone Prepares A Record $50 Billion To Snap Up Real Estate During The Coming Crash
damned


Alas, it also means that just like in 2007, a housing crash is now just a matter of time.

That much is known. What is also know, is that once housing craters, the largest US residential and commercial landlord - private equity giant Blackstone - is about to get even bigger. That's when it will deploy some (or all) of the record $50 billion in dry powder it has raised to prepare for just the coming housing crash.

According to the WSJ, Blackstone is the final stages of raising a new real-estate fund that would set a record as the biggest vehicle of its kind, defying market volatility and a crowded landscape for fundraising.

The private-equity giant said in a regulatory filing Wednesday it has closed on commitments totaling $24.1 billion for Blackstone Real Estate Partners X, the latest iteration of its main real-estate fund.

According to the WSJ, Blackstone is committing about $300 million of its own capita


[link to www.zerohedge.com (secure)]
 Quoting: ASSTARD 83884866


this is how they'll do it. these fucks got deals with banks. when banks foreclose they'd take possession then put it on the real estate market for resale or auction it off to the public. try to getta foreclosure list from a bank. cant gettem bc blackrock n vanguard get a call from the banks n they buy it direct. no more resale to the ppl.

remember back in 18 or 19 that congresswoman was yelling that single family homes were racist??

they dont want home ownership. communism - u own nothing.
 Quoting: Phennommennonn


This should not be allowed. They are artificially inflting the home numbers, when naturally they would go down. They are screwing any chance the Millennials have of EVER buying a home.
Anonymous Coward
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Greece
07/22/2022 09:40 AM
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Re: Blackstone Prepares A Record $50 Billion To Snap Up Real Estate During The Coming Crash
You vill own nothing und ve vill ve happy!
Anonymous Coward
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07/22/2022 09:48 AM
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Re: Blackstone Prepares A Record $50 Billion To Snap Up Real Estate During The Coming Crash
Mobile homes that 5 years ago were 28000 are 200000 why do you fuckers lie? A house used to rent for 650 is now 1500, a 32000 shitty apartment condo is 2000000 , nothing is ever going down you goofy fuckers
4doggies

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07/22/2022 09:51 AM

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Re: Blackstone Prepares A Record $50 Billion To Snap Up Real Estate During The Coming Crash
From the article:


... only a handful of the "1%" can afford the American Dream.

This is total BS, as is most of the article. Only a handful of the 1%? Shit, my son who is a cabinet maker and makes $23 an hour and his girlfriend just bought a beautiful brand new two story, three bedroom, full basement house for $225,000. They are doing just fine living the American Dream in a great all white middle class community. Great schools for the kids. Both drive nice cars.

I don't see why there would be a housing collapse. Everyone who bought in the last several years bought at fixed rates of 2-4%. Why would these people foreclose on homes that are easily affordable?

In 2008 the dems passed a bill that forced lenders to give mortgages to all minorities as long as they could make an X on the dotted line, of course none of them could afford them and eventually just walked away from the homes, thus causing the housing collapse. Nothing like that is going on right now.

Relax people.
Anonymous Coward
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07/22/2022 09:52 AM
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Re: Blackstone Prepares A Record $50 Billion To Snap Up Real Estate During The Coming Crash
Live rural, leave cities pronto
 Quoting: IChoose


Run away!!!
Anonymous Coward
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07/22/2022 09:53 AM
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Re: Blackstone Prepares A Record $50 Billion To Snap Up Real Estate During The Coming Crash
You vill own nothing und ve vill ve happy!
 Quoting: Anonymous Coward 80193821


Join Golden Dawn.
Anonymous Coward
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07/22/2022 10:13 AM
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Re: Blackstone Prepares A Record $50 Billion To Snap Up Real Estate During The Coming Crash
congress should pass law to keep
hedge funds out

this is huge
Anonymous Coward
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07/22/2022 10:22 AM
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Re: Blackstone Prepares A Record $50 Billion To Snap Up Real Estate During The Coming Crash
congress should pass law to keep
hedge funds out

this is huge
 Quoting: Anonymous Coward 83879403


Exactly. Just like Investors buying commodities and food stocks, if it's going to affect the average person who doesn't invest, food and water and shelter, it should NOT be allowed. That is us! Investing is the same as gambling, and NO it does not "balance" the market, as I've read so many elite idiots try to convince us. It's theft!
Anonymous Coward
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United States
07/22/2022 10:25 AM
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Re: Blackstone Prepares A Record $50 Billion To Snap Up Real Estate During The Coming Crash
How can we ban them from buying property?

This won't help struggling Americans.
Anonymous Coward
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United Kingdom
07/22/2022 10:32 AM
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Re: Blackstone Prepares A Record $50 Billion To Snap Up Real Estate During The Coming Crash
Keep on squattin in the clown world.
 Quoting: Anonymous Coward 20467870


Yep
StarF

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07/22/2022 10:32 AM
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Re: Blackstone Prepares A Record $50 Billion To Snap Up Real Estate During The Coming Crash
This is the companion thread to the many "housing is going carsh" threads.

It will not. The moment there is weakness, they will swoop in using FedGov cash and buy it up. Same with China using trade deficit dollars.

And so many fools keep posting about their money. Your money is paper! They want the assets. Especially the assets they can dangle over your head to make you work 40-50-60+ hours a week in their mega-corps to afford.
Star





GLP