Blackrock is buying every single family house they can find, paying 20-50% above asking price and outbidding normal home buyers. Why are corporations, pension funds and property investment groups buying…https://t.co/uTagTOQQgI — CulturalHusbandry (@APhilosophae) June 9, 2021. So who is Blackrock?When did Blackstone buy home partners of America?
In June 2021, Blackstone agreed to buy Home Partners of America, a company that rents single-family houses, and its 17,000 houses, for $6 billion. Blackstone and BlackRock sound alike for a reason. Blackstone’s co-founder, billionaire Steve Schwarzman, said during an interview on Squawk Box that he and Fink “ started in business together.Who is buying up homes like No Tomorrow?
Blackrock – one of the largest asset management firms – is buying up US homes like no tomorrow Homeownership has long been considered an important tool for building financial security and wealth, but it’s becoming more difficult for Americans to achieve.