Blackstone Prepares A Record $50 Billion To Snap Up Real Estate During The Coming Crash | |
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Agent 99 User ID: 77082640 United States 07/22/2022 07:24 AM Report Abusive Post Report Copyright Violation | 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! Quoting: Anonymous Coward 83875568 this is the most important they are treating housing market like the shorting of stocks 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)] Thread: Blackstone Prepares A Record $50 Billion To Snap Up Real Estate During The Coming Crash (Page 3) |
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Phennommennonn Forum Administrator 07/22/2022 07:42 AM Report Abusive Post Report Copyright Violation | 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)] 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. |
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Let Freedom Ring 365 User ID: 81692658 United States 07/22/2022 08:04 AM Report Abusive Post Report Copyright Violation | 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 |
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Anonymous Coward User ID: 77923751 Canada 07/22/2022 08:10 AM Report Abusive Post Report Copyright Violation | 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)] 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. |
Feathery User ID: 41363534 United States 07/22/2022 08:21 AM Report Abusive Post Report Copyright Violation | 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. Tomfoolery |
Anonymous Coward User ID: 79567277 United States 07/22/2022 08:30 AM Report Abusive Post Report Copyright Violation | 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. 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. |
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Anonymous Coward User ID: 83737815 United States 07/22/2022 09:39 AM Report Abusive Post Report Copyright Violation | 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)] 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. 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. |
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4doggies User ID: 80664795 United States 07/22/2022 09:51 AM Report Abusive Post Report Copyright Violation | 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. |
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Anonymous Coward User ID: 83737815 United States 07/22/2022 10:22 AM Report Abusive Post Report Copyright Violation | 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! |
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StarF User ID: 83822076 United States 07/22/2022 10:32 AM Report Abusive Post Report Copyright Violation | 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 |