You should Google "ESG BlackRock"
WELL... FUCK
Never happened
brainlet here, what the fuck is this supposed to mean?
I went through this for three years...
Basically boomers have a whole shitload of cash and assets and they just buy up everything with their disposable income. The younger generation has no chance. A young family looked to buy a house and some boomers came along and gave a lot more money for the property, probably to turn it into a rental.
100% happened. Wife and I put 35k over on a house and didn’t win when another person put 75k down over plus was paying over appraisal in cash
>pic related
it means mega corps like Blackrock are buying up as much private property as they can, offering much over asking prices and pushing out conventional, new buyers.
Their plan is to own all the property, and you rent it from them. Of course, if your social credit score isn't to their liking, you'll be thrown out.
Just another form of control.
basically we were told to attack you people as a shit test to see how fucking gullible we are
turns out we were really, really gullible so now the cattleization is nearing completion.
It really depends on the person's morals at that point.
My uncle once got offered above asking price to sell to some paki's, of course he said no, because he didn't want to shit up his (former) neighbourhood with non-whites.
I see. I cannot fault the boomers though, would probably do the same if I have such advantages.
They'll all die eventually, and our generation will probably rinse and repeat lol.
>for cash
what is it with this? Of course you get the money. what difference does it make if it's a check you cash or cash? you're not slipping it by the tax authorities either way.
I think having lot of available cash/currency is supposed to help to close the deal faster.
for big purchases like a property some people will have to go through with the banks, making loans and shit, selling their stocks etc...
Your uncle is based. The street I grew up on is like half niggers and pakis now. It's sad.
Do you even know what blackrock does?
The introduction story to the day of the pillow.
many times it's a cash offer, waiving all inspections, etc. Something someone with a conventional loan can't offer. That's much more attractive to sellers in most cases.
Normally that would be the case, however boomers only care about one thing. That's their social security. They'll vote for millions of foreigners to come in just so they can support their retirement and blow all their money leaving nothing for their family. I'm literally watching my wife's mom do this. She's 70 years old with two properties, and has cancer. She's sellling everything so she can blow all of her money in her final few years partying with fags in the Flordia Keys. You know what she does, and has always did for a living? Cuts hair.
>I think having lot of available cash/currency is supposed to help to close the deal faster.
that's about all there is. But if someone is approved for a mortgage already then it's really not much of a thing.
Boomers ban new construction, buy up the homes, and rent them out. When supply is so tightly regulated, renting (and holding vacant property) should be banned.
Looked at a house with structural issues and shifting ground. Bought for $50k over asking.
They don't sell the houses if that's what you are implying
“Cash” sales are less risky because no loans are involved. It’s less paperwork, less parties involved, and closing happens fast. This appeals to some sellers.
That's called business, stupid.
hmm, considered
Where are they coming from?
with that kinda cash
as the seller I don't care where you get the money. the paperwork/inspection thing is notable.
And what’s stopping someone from sitting 400m out from the BlackRock HQ dropping employees as they come in and out?
No. They only hoard the houses for the inevitable great reset
My fucking faggot dad is like this. He's your mega boomer. "well son, I worked all winter one time shoveling snow and bought my Mustang". High school drop out and answered an ad in the paper for a job at powerplant. This cocksucker is on his second house and makes over $50 an hour.
No appraisal needed. No approval for loan needed. Less to gum up the works.
>not selling to the young couple
>shekelin muh shekels
whoever wrote that is not an ally.
Housing market is a fuck
Rates are going through roof and then go to sky
Prices flying on wings of eagle
Old men buy for cash waste money
Young men too poor cannot pay the money
Shit is fucked I am stress
I just bought a new house in Texas from a builder. Said builder "Lennar" refuses to sell to banks, hedgefunds, corporate. They do a first come first serve system. No bidding.
Dont worry anons, there are still people fighting back. Issues is we are currently losing so take that for what it's worth. In short clown world
They arent buying them either.
They're an asset management company with a global reach. Most of the wealth they manage is not in real estate at all.
Other people are buying the houses and using blackrock as a safe haven for their assets and money.
Boomers are the ones who are fucking the market, average Joe's who spent all their factory bucks, sold their prime location home and downsizing to first time home owner houses. Or using the equity on their house to buy a small house and rent it out
Somply be the change you want to see. Sell to te stoked couple and score positive god points instead of negative god points and wholle lotta money
this is our only hope, user. that more people will open their eyes to what the global elites have in store for us. shit, they've basically told us what their plan is, and most people are still asleep.