Birdwatch Note Rating
2023-08-28 03:03:20 UTC - HELPFUL
Rated by Participant: 3F5315E4B7D62B1E31DE42A463891F9A6A992CC13B9A5A39CE993F57FE24785C
Participant Details
Original Note:
Untrue, BlackRock does not own individual homes, however, they do provide capital for new housing construction, provide capital for mortgages, and invest in REITs https://www.blackrock.com/corporate/newsroom/setting-the-record-straight/buying-houses-facts#:~:text=As%20a%20fiduciary%20asset%20manager,the%20U.S.%20real%20estate%20market. https://www.theatlantic.com/ideas/archive/2021/06/blackrock-ruining-us-housing-market/619224/ BlackRock not buying homes in Clark county https://www.columbian.com/news/2022/oct/02/who-is-really-buying-all-the-housing-in-clark-county/ Same with the Bay area https://www.sfchronicle.com/local/article/Are-Wall-Street-hedge-funds-buying-up-homes-in-16260880.php
All Note Details