I have been seeing a lot of misinformation on this page which I didn’t expect because I thought it was more of a right wing populist/left winger talking point to trick the uninformed. Blackrock/vanguard are not buying all the houses like some people are outright lying about. Blackrock simply makes low cost investment vehicles like ETFs/mutual funds/reits/bonds/etc. the people can use for their retirement/wealth building/tax savings or other type of investment accounts. This financial products have made investing a whole lot cheaper and safer than in the past by offering well diversified products and not having to pay tons of front loaded and trading fees plus commissions that people had to in the past. Most single family homes that aren’t owner occupied are small time investors that have a few houses they rent for income or flipping/remodeling for a profit.
Posted by Ralphy_1997