Well first of all, this is old news. Second of all, contrary to what a lot of people on here think, I'm pretty sure there isn't anything SUPER nefarious going on here. This is actually pretty typical Pre-Market Crash behavior. When investors, whether they be institutional like blackrock or private like a normal person, see a crash coming they tend to flock to safe investments like real estate that will help them weather the market storm.
In the case of what blackrock's doing, their diversity funds have decided to start selling off stocks and then invest the proceeds in real estate in order to shelter investors from the market crash everyone knows is coming. The reason they're paying 50% over in cash is because they're on a time crunch to convert stocks into real assets. So it's better to lose a little money in the short term, but still see consistent income and growth over the next year or two while the stock market tanks and recovers, than to stall and lose a lot of money by letting their stock portfolio crash.
I've said this before on here and got crucified for it, but blackrock and vanguard do NOT have trillions of dollars in assets. They have trillion of dollars in assets under management. Basically, that means people hand them money to manage for them, but they don't own it. They invest it for them, and then get paid a fee, usually a percentage of either dividends or assets under management per account, for their services.
So yes, they DO collectively manage the majority of stocks for every major corporation in the world, but they can't do anything with it other than buy or sell it at the owner and investment managers discretion. That's why blackrock and vanguard don't have a half a dozen board members that they've appointed to the boards of every major corporation on the planet, because they don't own the stock or have any voting rights.
It's just a form of business model. Another example of similar business model in a company that isn't an investment fund management company would be Publix. The entire corporation is owned by it's current and former employees. No one person has full voting rights in the Publix corporate hierarchy, because everyone who has ever worked there owns a piece of the company. That's why they have a weird workers union that appoints a representative to collectively vote on behalf of current and former employees who opts into the union. Blackrock and vanguard can't do anything like that since, as institutional investors, they don't even own the stocks they're managing. As such they can't vote, appoint board members, etc.
Besides all of that, blackrock doesn't actually make that much money. After paying off all of their investors dividends, paying their employees their salaries, and letting their fund managers take their cuts, they only make about $5 Billion a year from their $10 Trillion in funds. Quick math tells us that, because they're paying cash for all of these properties, if they invested every last bit of that income in real estate they could only buy up MAYBE 10K houses a year. For the record there's over a 100 million people who rent in the US out of 43 million rental units.
And that's not even the accurate number of houses they could buy a year since that doesn't include fees, the brokers cut, etc. And it's also illegal for them to mix money from different funds. You can't legally take money from an S&P 500 Index fund and invest it in real estate. The profits have to stay in that fund or be released to the investors since it's not black rocks assets that are actually making this money.
Don't get me wrong, I'm sure blackrock and vanguard are both evil cabal companies, but people are hyping them up to be something they're not and overexaggerating their current capabilities.
Hey CATHOLE..no such thing as "old news". Just because you knew about it doesn't mean everyone does. How about being happy that truth is getting out and helping people along rather than trying to be some advanced info snob?
Well considering this is all anyone talked about for two weeks, yeah it is old news. Second of all, at what point did it become "snobby" to explain why something is wrong? We're supposed to be the news now, so giving examples, information, etc. is part of our job now. This whole concept of blackrock and vanguard buying up every house in the country is riddled with misinformation, so it's not the truth in the form most people seemed to have accepted, as pointed out by the numbers I gave.
At this point though, this is like the third time I've mentioned this on this board, and so far this is the first time I haven't been completely crucified for going against the weird narrative that blackrock and vanguard somehow own a third of every major company in the world. So I'd say that's progress.
You'll own nothing and be happy. In smart cities. You can rent an electric car if you want some time out from your Pod, which will only be powered up to the city limits and back.
They've already told us in innumerable publications. Biden's recent announcement of removing radial highways from around big cities came and went under the radar though, admittedly.
Note: If you think this is business as usual - ponder why the surge in the purchase of single-owner homes? Could it be they know something - or planning for something - how would they know - maybe this could be a FACTOR. DANGER WILL ROBINSON, DANGER!!!
“ BlackRock, the world's largest investment manager, has become an increasingly influential Wall Street player in Washington, DC as a poster child of the revolving door between finance and politics.
The firm has hired notable policy-makers over the years, and at least three leaders with the New York-based asset manager on their resumes now hold prominent roles in President Joe Biden's cabinet.
Former BlackRock investment executive Brian Deese leads Biden's National Economic Council, effectively serving as his top advisor on economic matters. Biden also tapped Adewale "Wally" Adeyemo, a former chief of staff to BlackRock chief executive and longtime Democrat Larry Fink, to serve as a top official at the Treasury Department.
Meanwhile Michael Pyle, BlackRock's former global chief investment strategist who had worked in the Obama administration before joining the firm, serves as chief economic advisor to Vice President Kamala Harris. ”
It could that Blackrock and Vanguard represent the pension funds, who have been throughly raped by the financial community, and investments in housing has become the last resort ... hope ... for the pension funds to honor their underwater commitments to their pensioners.
If deflation was really on the cards, no way would Blackrock et. al. be wasting money so egregiously as they are with these over valued home purchases. The only explanation is they know that cash and cash derivatives are about to become worthless, and they are trying to hold on to as much wealth as possible during the transition to the new system. Given that they can not buy gold for fear of running the price up and telegraphing the coming move, they have only a few other hard assets they can buy.
It is confirmation that hyperinflation is the only way out. Coming soon to a central bank near you.
Basically we get to take all your stuff if you mess with elections. Joe Biden didn't cancel this EO. Why would he cancel most of the others but leave this one? He isn't president. Trump said we were attacked. You think the Military's DIA didn't watch the election? It was a sting.
The big corps are all owned by the same people. Those are the people that helped steal the election.
Vanguard and Blackrock are fucked. As is the DNC, GOP, Big Tech, Big Pharma, China debt, & everyone that had their hands in our "We the people"'s cookie jar.
Old thread. Im a licensed agent myself and small time investor in one of the hottest markets in the US (just voted top 5 places to live).
So far I have not heard of a single Blackrock purchase in our area. I think this news was a little over inflated. It is worrisome and something to watch though. Yes Blackrock is wealthy but the amount of homes they would have to buy in a free market to actually implement the great reset would still be near impossible without the gov doing something.
perfect example is AUSTRALIA.
house prices are at record levels, was at the highest in the world at one stage.
government intervention into the market - for an economy/country obsessed with real estate - made it far worse.
currently fighting a global recession, and pandemic.
experiencing a construction material shortage - with depenance on China - little to no AUS manufacturing.
currently at record level interest rates - lowest ever.
government intervention constantly makes it worse.
corporate intervention/investment amplifies this.
currently, majority of seniors own multiple homes.
new/ first home buyers cannot afford this.
the econonomy depends on housing sales/ construction.
the tax from it, funds the nation, no joke.
VICTORIA - 60% of their state economy comes from housing directly.
THE REST - taxes, fines (speeding etc), etc
Super annuation - 401k AUS version
heavy invested in real estate - the average fund - 60%+ real estate/ the remainder shares.
These corporations buy up the houses, prices go up, as supply goes down.
In turn, super funds/401k gets a higher return for its investors.
The average person falls to the debt trap trying to buy a home for their family, supply goes down.
prices go up.
Corps buy again, above rate, raises prices, cycle repeats.
THE PEOPLE ALWAYS LOSE.
this is just a BRIEF example of how it works. the real run down ... looks like that Q flow chart ... its sickening ...
Well first of all, this is old news. Second of all, contrary to what a lot of people on here think, I'm pretty sure there isn't anything SUPER nefarious going on here. This is actually pretty typical Pre-Market Crash behavior. When investors, whether they be institutional like blackrock or private like a normal person, see a crash coming they tend to flock to safe investments like real estate that will help them weather the market storm.
In the case of what blackrock's doing, their diversity funds have decided to start selling off stocks and then invest the proceeds in real estate in order to shelter investors from the market crash everyone knows is coming. The reason they're paying 50% over in cash is because they're on a time crunch to convert stocks into real assets. So it's better to lose a little money in the short term, but still see consistent income and growth over the next year or two while the stock market tanks and recovers, than to stall and lose a lot of money by letting their stock portfolio crash.
I've said this before on here and got crucified for it, but blackrock and vanguard do NOT have trillions of dollars in assets. They have trillion of dollars in assets under management. Basically, that means people hand them money to manage for them, but they don't own it. They invest it for them, and then get paid a fee, usually a percentage of either dividends or assets under management per account, for their services.
So yes, they DO collectively manage the majority of stocks for every major corporation in the world, but they can't do anything with it other than buy or sell it at the owner and investment managers discretion. That's why blackrock and vanguard don't have a half a dozen board members that they've appointed to the boards of every major corporation on the planet, because they don't own the stock or have any voting rights.
It's just a form of business model. Another example of similar business model in a company that isn't an investment fund management company would be Publix. The entire corporation is owned by it's current and former employees. No one person has full voting rights in the Publix corporate hierarchy, because everyone who has ever worked there owns a piece of the company. That's why they have a weird workers union that appoints a representative to collectively vote on behalf of current and former employees who opts into the union. Blackrock and vanguard can't do anything like that since, as institutional investors, they don't even own the stocks they're managing. As such they can't vote, appoint board members, etc.
Besides all of that, blackrock doesn't actually make that much money. After paying off all of their investors dividends, paying their employees their salaries, and letting their fund managers take their cuts, they only make about $5 Billion a year from their $10 Trillion in funds. Quick math tells us that, because they're paying cash for all of these properties, if they invested every last bit of that income in real estate they could only buy up MAYBE 10K houses a year. For the record there's over a 100 million people who rent in the US out of 43 million rental units.
And that's not even the accurate number of houses they could buy a year since that doesn't include fees, the brokers cut, etc. And it's also illegal for them to mix money from different funds. You can't legally take money from an S&P 500 Index fund and invest it in real estate. The profits have to stay in that fund or be released to the investors since it's not black rocks assets that are actually making this money.
Don't get me wrong, I'm sure blackrock and vanguard are both evil cabal companies, but people are hyping them up to be something they're not and overexaggerating their current capabilities.
Hey CATHOLE..no such thing as "old news". Just because you knew about it doesn't mean everyone does. How about being happy that truth is getting out and helping people along rather than trying to be some advanced info snob?
Well considering this is all anyone talked about for two weeks, yeah it is old news. Second of all, at what point did it become "snobby" to explain why something is wrong? We're supposed to be the news now, so giving examples, information, etc. is part of our job now. This whole concept of blackrock and vanguard buying up every house in the country is riddled with misinformation, so it's not the truth in the form most people seemed to have accepted, as pointed out by the numbers I gave.
At this point though, this is like the third time I've mentioned this on this board, and so far this is the first time I haven't been completely crucified for going against the weird narrative that blackrock and vanguard somehow own a third of every major company in the world. So I'd say that's progress.
You'll own nothing and be happy. In smart cities. You can rent an electric car if you want some time out from your Pod, which will only be powered up to the city limits and back.
They've already told us in innumerable publications. Biden's recent announcement of removing radial highways from around big cities came and went under the radar though, admittedly.
https://files.catbox.moe/fbtzkx.pdf
The tyrants handbook by Klaus Schwab (World Economic Forum)
Let’s these lemmings dump money into a ludicrously bid-up segment.
You can buy their distressed assets after the next crash… soon enough.
Note: If you think this is business as usual - ponder why the surge in the purchase of single-owner homes? Could it be they know something - or planning for something - how would they know - maybe this could be a FACTOR. DANGER WILL ROBINSON, DANGER!!!
“ BlackRock, the world's largest investment manager, has become an increasingly influential Wall Street player in Washington, DC as a poster child of the revolving door between finance and politics.
The firm has hired notable policy-makers over the years, and at least three leaders with the New York-based asset manager on their resumes now hold prominent roles in President Joe Biden's cabinet.
Former BlackRock investment executive Brian Deese leads Biden's National Economic Council, effectively serving as his top advisor on economic matters. Biden also tapped Adewale "Wally" Adeyemo, a former chief of staff to BlackRock chief executive and longtime Democrat Larry Fink, to serve as a top official at the Treasury Department.
Meanwhile Michael Pyle, BlackRock's former global chief investment strategist who had worked in the Obama administration before joining the firm, serves as chief economic advisor to Vice President Kamala Harris. ”
It could that Blackrock and Vanguard represent the pension funds, who have been throughly raped by the financial community, and investments in housing has become the last resort ... hope ... for the pension funds to honor their underwater commitments to their pensioners.
If deflation was really on the cards, no way would Blackrock et. al. be wasting money so egregiously as they are with these over valued home purchases. The only explanation is they know that cash and cash derivatives are about to become worthless, and they are trying to hold on to as much wealth as possible during the transition to the new system. Given that they can not buy gold for fear of running the price up and telegraphing the coming move, they have only a few other hard assets they can buy.
It is confirmation that hyperinflation is the only way out. Coming soon to a central bank near you.
Why would you believe a narrative the WSJ is putting out? The admin is causing fake shortages in everything.
EO 13848
Basically we get to take all your stuff if you mess with elections. Joe Biden didn't cancel this EO. Why would he cancel most of the others but leave this one? He isn't president. Trump said we were attacked. You think the Military's DIA didn't watch the election? It was a sting.
The big corps are all owned by the same people. Those are the people that helped steal the election.
Vanguard and Blackrock are fucked. As is the DNC, GOP, Big Tech, Big Pharma, China debt, & everyone that had their hands in our "We the people"'s cookie jar.
Old thread. Im a licensed agent myself and small time investor in one of the hottest markets in the US (just voted top 5 places to live).
So far I have not heard of a single Blackrock purchase in our area. I think this news was a little over inflated. It is worrisome and something to watch though. Yes Blackrock is wealthy but the amount of homes they would have to buy in a free market to actually implement the great reset would still be near impossible without the gov doing something.
perfect example is AUSTRALIA. house prices are at record levels, was at the highest in the world at one stage.
government intervention into the market - for an economy/country obsessed with real estate - made it far worse.
currently fighting a global recession, and pandemic. experiencing a construction material shortage - with depenance on China - little to no AUS manufacturing. currently at record level interest rates - lowest ever.
government intervention constantly makes it worse.
corporate intervention/investment amplifies this.
currently, majority of seniors own multiple homes. new/ first home buyers cannot afford this. the econonomy depends on housing sales/ construction. the tax from it, funds the nation, no joke. VICTORIA - 60% of their state economy comes from housing directly. THE REST - taxes, fines (speeding etc), etc
Super annuation - 401k AUS version heavy invested in real estate - the average fund - 60%+ real estate/ the remainder shares.
These corporations buy up the houses, prices go up, as supply goes down. In turn, super funds/401k gets a higher return for its investors. The average person falls to the debt trap trying to buy a home for their family, supply goes down. prices go up. Corps buy again, above rate, raises prices, cycle repeats.
THE PEOPLE ALWAYS LOSE.
this is just a BRIEF example of how it works. the real run down ... looks like that Q flow chart ... its sickening ...
"You will own nothing and love it."
'You'll own nothing & be happy'
He who owns the land owns the country