Democrat candidate Robert Kennedy Jr said investment firms like BlackRock are purchasing homes with cash offers and outbidding the average American homebuyer, making home ownership for average working Americans impossible.
“Monthly mortgage payments for homebuyers are up 20 percent just in the last year, and that’s because interest rates have doubled,” Robert Kennedy Jr. said.
“Meanwhile, the cost of the average home has gone from $250 thousand to $400 thousand just since 2019.”
“And those higher home prices have also driven up the cost of rent. So now Americans are paying a third of their income for rent. That’s the highest ratio since records were kept.” Watch.
FJB started it
You will own nothing, eat bugs and be happy.
I wonder if somehow all this “Ukraine money” is getting laundered and then used by these crooks to make these purchases?
This guys sounding more conservative than the people Trumps running against.
The screaming MeMees on the Left have gotten so extreme they just make RFK JR look conservative.
The dems will cock block RFK from getting nominated at their convention while at the same time using lawfare to block Trump from the the rep nomination. These Fuckers then comence with calling us a “Threat to our DEMOCRACY!!!!”
🙄
Actually, this is not conservative. The rich are getting richer and the poor poorer over a pie that never grows. There is no way Black Rock can purchase homes and decrease supply. People will tear up rentals they don’t tear up their own homes. People will build new ones and hire electricians, plumbers, carpenters etc. The pie keeps growing.
This pro abortion kook is a democrat through and through.
jpm
Black Rock/Black Stone, a subsid, but the only way you’ll discover that is looking it up by it’s ticker, and other are buying up entire subdivision in Cali. They all have one thing in common. Chinese money. Not sure what their end goal is, but home owner ship for young couples is getting tougher every month. What he says is true. Why are we letting Chicoms buy us real estate?
jpm, Kabbalist Rock, aka Black Rock are buying homes, tearing them down and not rebuilding. Shrinking pie.
Black Rock is just another globalist entity. My parents had investments with them, poor advice from their damn financial advisors 🤬 but I took care of that shit show 😜