[CharlesOConnell]

If you've been thinking of buying a house, you've probably noticed that house prices are soaring everywhere, not just in the usual preferred ZIP codes.  You might have thought this is simply because of market deformations thanks to COVID and the lockdowns.  In fact, the soaring prices reflect something much more sinister: BlackRock, an investment company, is buying up housing stock, turning America into a nation of renters — that is, people with no stake in their communities or their futures.  However, what's really sinister is that it's not just housing stock.  BlackRock, along with The Vanguard Group, owns a disproportionate number of American corporations, more even than you realize.

BlackRock owns America's homes — and a whole lot else

[Uncle Miltie]

Separate the wheat from the chaff.

Blackrock has a bunch of nefarious business practices.

Vamguard, not so much.

[GraceG]

[ If you’ve been thinking of buying a house, you’ve probably noticed that house prices are soaring everywhere, not just in the usual preferred ZIP codes. ]

Now is the time to sell your house in the city and buy a distressed property in the county in/near a small town.