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Fuck BlackRock
(lemmy.dbzer0.com)
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this post was submitted on 25 Apr 2026
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Flippanarchy
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Flippant Anarchism. A lighter take on social criticism with the aim of agitation.
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I really don't get your angle. Let's say there are 8 entities seeking a house, 3 of which are corporations. Ban corporations from owning single family homes, and there's an immediate drop in demand, so the current supply satisfies more individuals. Why are you arguing against this?
No there is not. Those corporations exist to make profit, and profit (in the long run) only comes from either tenants paying to occupy the house or selling it on to some other owner who will then either occupy it themselves or find tenants of their own. Even if it's a speculative bubble right now, sooner or later that game of musical chairs has to end and people have to sit down; otherwise they lose.
i think the problem of institutional investors is mostly that they're unnecessary middle-men, taking a slice of the cake while not actually providing anything of value.
they buy the house, then rent it out to the local population. in the end, they make a profit that way, otherwise they wouldn't do it. that is money that could have gone into the local community instead.
either you need local middlemen, like the municipality (which i am advocating for!) or people need to buy the houses directly themselves. i remember reading an article that renting is often better for inhabitants since they don't need to do a down-payment and also they carry less risk that way. also interestingly many can build more wealth by renting+investing instead of house buying. ~~https://www.moneydigest.com/1580083/renting-vs-owning-both-can-help-you-build-wealth-according-to-personal-finance-expert/~~
edit: damn it i can't find the article anymore