ilmscore | The Truth About BlackRock's Plan To Control Real Estate By 2030

The Truth About BlackRock's Plan To Control Real Estate By 2030

Published: 2023-11-10
Status: Available | Analyzed

Predictions from this Video

Total: 11
Correct: 0
Incorrect: 0
Pending: 11
Unrated: 0
Prediction
Topic
Status
Robert F. Kennedy Jr. predicts that BlackRock, Vanguard, and State Street will own over 60% of all homes in America by 2030.
"and he predicts that by 2030 they'll own something like more than 60% of all the homes"
Real Estate Market
Pending
BlackRock explicitly states they are not purchasing single-family homes.
"BlackRock themselves say they are not buying single family homes"
Real Estate Market
Pending
Progress Residential, owned by Pretium, holds approximately 990,000 homes, indicating a significant institutional presence in the rental market.
"there's a small But Mighty group of companies that lead the industry so preium is the parent company for a company called progress residential that owns about 990,000 homes"
Real Estate Market
Pending
Invitation Homes, though initially founded by Blackstone, is now an entity that owns around 80,000 homes.
"Invitation Homes was started by Blackstone but Blackstone sold their position a long time ago they own about 80,000 homes"
Real Estate Market
Pending
American Homes for Rent, founded by Wayne Hughes, owns approximately 60,000 homes.
"American homes for rent which was started by Wayne Hughes they own about 60,000 homes"
Real Estate Market
Pending
Institutional companies own about 1% of all rental housing and 2% of single-family rental housing in the US.
"Institutions large companies only account for about 1% of all the rental housing in the United States and only about 2% of the single family rental housing"
Real Estate Market
Pending
Progress Residential paid $1.5 billion to DR Horton to construct 4,000,000 rental homes.
"Progress residential paid $1.5 billion to DR Horton just this year to build them 4,000 ,000 rental homes"
Real Estate Market
Pending
Invitation Homes partnered with PY Group to develop 72,000 rental homes.
"Invitation Homes teamed up with py group to build them 72,000 rental homes"
Real Estate Market
Pending
The US built 300-400,000 starter homes annually in the late 70s/early 80s, a stark contrast to only 65,000 in 2020.
"in the late '70s early 80s the United States routinely generated between 3 and 400,000 starter homes a year in 2020 we generated 65,000"
Real Estate Market
Pending
In 2021, 74.8% of institutional investments in housing were single-family homes, with an average price of $432,000.
"single family homes made up 74.8% of their Investments with an average price of $432,000"
Real Estate Market
Pending
A 2% demand from institutional investors can significantly impact whether the housing market operates reasonably based on supply and demand or becomes nonsensical.
"2% demand can make or break the difference between creating a market that is reasonable one that's governed by basic supply and demand economics and a market that makes no sense at all"
Real Estate Market
Pending