• disorderly@lemmy.world
    link
    fedilink
    arrow-up
    22
    arrow-down
    1
    ·
    6 hours ago

    Blackrock isn’t a housing company or developer, it’s an investment group. What’s happening here is that a group that hires a lot of very smart people to manipulate market values has found an easy mark in housing.

    The housing shortage is fueled by artificially high prices, not square footage or bedrooms. That’s what you’re missing.