• gandalf_der_12te@discuss.tchncs.de
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    3 months ago

    this whole thing just doesn’t add up in my head.

    people will bash blackrock for owning houses but really, what is actually happening here?

    governments all around the world have the liberty and possibility to build houses and rent them out to people at-cost. Like, your city can do that. Where do you live? Seattle? Have you considered looking into how many houses the city of seattle has built in the last 20 years? And how many of them it rents out to people for cheap?

    You can’t ban corporate houses if there’s no alternative. There needs to be an alternative first, otherwise you’re just creating a vacuum, and as the proverb goes, a vacuum always sucks.

    • cassandrafatigue@lemmy.dbzer0.com
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      3 months ago

      How do you type so much while deep throating corpo dick? Do you just have absolutely no gag reflex? How does one learn this skill?

      You realize ownership isnt creation, right? I genuinely have to ask here.

  • tempest@lemmy.ca
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    3 months ago

    I mean a lot of what BlackRock sells is index funds like vanguard etc.

    That’s a lot of people’s retirements more than it’s private equity.

    I think you’ll have more luck changing the rules of the game rather than chasing the players. If black rock disappeared tomorrow all that money would just move to another ETF manager and you would instantly have another BlackRock.

    Also I think BlackRock (which is far from blameless in a whole lot of affairs) gets confused with black stone. It was the latter more directly investing in real estate iirc.

    • Throbbing_banjo@lemmy.dbzer0.com
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      3 months ago

      Any time I see a comment/thread about this stuff I just assume the OP heard Blackstone does this and doesn’t realize they’re separate companies.

      Granted, Blackrock does have a few real estate funds, but they’re mostly in commercial property. They don’t buy homes.

      • Kazel@lemmy.dbzer0.com
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        3 months ago

        Rente “nur noch als Basisabsicherung” und dann an der Börse zocken mit unseren Rentengeldern, dann kann sich Blackrock schön die Taschen voll machen (sein ehemaliger Arbeitgeber). Ansonsten noch der Ausverkauf Deutschland’s, Kaputtstreichen der Krankenversicherung, das ständigen Hetzen gegen die eigene Bevölkerung usw usf