General Category > Elections 2024
Corporate Darling: Wall Street Billionaires Line Up to Back Kamala Harris
Kamaji:
--- Quote from: mountaineer on December 10, 2024, 11:12:14 pm ---What the heck is Blackstone all about? That this clown was a Harris supporter tells me it's not anything good.
Blackstone has officially acquired Tricon Residential bringing the amount of single family homes they’ve purchased to roughly 53,448 homes.
They are expanding “To buy 800 houses a month”
--- End quote ---
https://twitter.com/WallStreetApes/status/1866619850828943781
--- End quote ---
There are about 82 million single family homes in the U.S. At 800 a month it would take then 100,000 months to purchase that inventory. That’s more than 8,000 years.
Are they really going to corner the market for single family residential homes at that rate????
LadyLiberty:
I live roughly a mile from a new Tricon development -- Tricon Verandah. All the homes are 3-4 bedrooms and they were all built to be rentals, so it's not as if Blackstone has bought homes that were previously owned and turned them into rentals when they bought Tricon, they were already rentals.
https://triconresidential.com/community/tricon-veranda/?crm_source=google&crm_medium=PaidSearch&crm_campaign=&crm_content=697976066280&crm_keyword=tricon%20veranda&crm_adgroup=&crm_device=c-&gad_source=1&gclid=EAIaIQobChMI87y78ZuqigMV9B5ECB0VZhwVEAAYASAAEgK5B_D_BwE
catfish1957:
--- Quote from: LadyLiberty on December 15, 2024, 04:47:56 pm ---I live roughly a mile from a new Tricon development -- Tricon Verandah. All the homes are 3-4 bedrooms and they were all built to be rentals, so it's not as if Blackstone has bought homes that were previously owned and turned them into rentals when they bought Tricon, they were already rentals.
https://triconresidential.com/community/tricon-veranda/?crm_source=google&crm_medium=PaidSearch&crm_campaign=&crm_content=697976066280&crm_keyword=tricon%20veranda&crm_adgroup=&crm_device=c-&gad_source=1&gclid=EAIaIQobChMI87y78ZuqigMV9B5ECB0VZhwVEAAYASAAEgK5B_D_BwE
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Blackstone.... The New Pottersville.
Weird Tolkienish Figure:
All of this has come about for one reason: we don't have enough housing in this country. We need to limit people coming into the country and we need to build more housing. For nearly all people it is the number one expense by far: your rent or mortgage payment.
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