Meet your new Landlord: Wall St and in particular Blackrock. A dangerous trend is rapidly underway and that is the purchase of single family rental properties by large financial institutions. This threatens to send home prices ever higher and to reduce the ability of the middle class to build wealth through home equity.
We must fight back against this development by petitioning local councillors, politicians and by raising awareness of what is afoot.
0:00 Intro
0:49 A worrying trend
3:20 Propping up the housing market
5:36 Here come the pension funds
6:25 Importance of home equity
6:49 Monetary policy & structural transformation
8:18 Resistance
Cultural Husbandry Twitter Thread:
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Miles Harris offers global macro insights and champions the importance of sound money in a world gone crazy.
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DISCLAIMER: Any advice given on my channel and videos is for information purposes only, and does not act as financial advice. Your financial decisions are your full responsibility, and if you are in any doubt, please contact a financial professional before undertaking any investment with your money or change to your financial activities.
