Have You Asked, Why Are House Prices Going Through The Roof?
There are a lot of theories out there as to why existing housing prices are going through the roof. Some think because a new house built is cost prohibitive due to wood prices. Some think it is middle America fleeing urban areas and Blue states. Here is another thought...Conglomerates like
BlackRock, are buying up single family houses.
According to a recent report from the Wall Street Journal, roughly 200 investment firms are buying tens of thousands of homes — and sometimes entire neighborhoods — raising prices, and competing with middle-class Americans looking to take advantage of low-interest rates and buy their first home.
In January, D.R. Horton Inc. purchased an entire subdivision in Conroe, Texas, built 124 houses, and then put the entire neighborhood on the block. The winning bid for $32 million dollars came from Fundrise LLC, an online real estate investing platform that lets you invest in commercial real estate through real estate investment trusts. A combination of investors swooping up single-family houses to rent out or flip, some of the lowest interest rates in history, and a housing shortage has caused home prices to surge, pricing normal people out of being able to purchase a home - dailyveracity
Blackrock is the largest investment company in the world. If you have investments through a financial advisor they more than likely invest your money through
Blackrock.
Now, did you know that
Blackrock has acquired many top jobs in the Biden Administration?
President-elect Joe Biden has chosen Brian Deese, a BlackRock Inc. executive and former economic adviser to President Barack Obama, to lead his National Economic Council, people familiar with the matter said.
Deese, who joined BlackRock in 2017 to oversee the company’s sustainable investment strategies, was a senior adviser to Obama on climate, conservation and energy, and also served as deputy director of the NEC.
His selection adds to the economic team Biden announced Monday, including Janet Yellen as Treasury Secretary, Neera Tanden as director of the Office of Management and Budget and Cecilia Rouse to chair the Council of Economic Advisors - Bloomberg
Remember, that one of
The Great Reset tenants is that you will own nothing and be happy about it.
Then to add to the equation the Biden Administration's 30x30 plan where the U.S. Government would own 30% of the U.S. land mass by 2030.
On Jan. 27, President Biden signed his climate action executive order, pledging, among other things, to conserve at least 30% of U.S. land and water by 2030. On May 6, an interagency report to the president provided some detail for implementing the 30x30 plan. For farmers and ranchers, the most important of the report’s eight core principles is the pledge to honor private property rights and honor existing voluntary stewardship efforts of private landowners and fishers, as well as building on existing land and water conservation programs. In assessing where the U.S. stands in current land and water conservation activities, baseline assessment in the proposed American Conservation and Stewardship Atlas will include contributions of farmers, ranchers, forest owners and private landowners through effective and voluntary conservation measures - University of Nebraska - Lincoln
The Great Reset is happening all around us and will be implemented by the mid-term elections in 495-days.
Digital U.S. currency,
Buying up peoples houses to rerent back to the populace,
The government owning 30% of the land,
Inflation,
Shortage of inventory,
Protein hikes in prices,
Fuel hikes,
Folks invading the U.S. along the southern border,
Critical Race Theory (CRT),
etc, etc, etc.
Get educated!
This ain't Kansas anymore...Pay no attention to the man behind the screen
https://www.youtube.com/watch?v=YWyCCJ6B2WE
