BlackRock is not your friend.
They are an incredibly powerful financial force.
They do not pretend to act in the in interest of anyone except themselves.
I was on a conference call with a BlackRock employee, which was arranged by my stock broker. I was NOT IMPRESSED at all.
I see what they are doing to rural Texas housing prices and it reflects back upon property taxes.
One of my homes (at our farm) which has been vacant for 8 years and has been in gutted state inside for most of that time in the kitchen and 2 bathrooms; suddenly saw a 57% increase in appraisal value. Yes, BlackRock is affecting things inside Texas. I do not blame people for fleeing big cities and oppressive state, but I hate the collateral effect. It will not last forever.
I’ve spent the past 3 months with the help of 2 contractors working on the home, so I can move there to stop the thieves from stealing our equipment. We have had 14 break-in’s at our shops over the past 7 years. They hit the house 2 times. It is 4 miles from town on a busy shighway. The only way it stops, is when I am living there. Which I hope to be there within another month.
Worth repeating.
Blackrock is to real estate/investing what Gates is to farmland. Too much power consolidated by groups that want to do us harm.