I mean a lot of what BlackRock sells is index funds like vanguard etc.
That’s a lot of people’s retirements more than it’s private equity.
I think you’ll have more luck changing the rules of the game rather than chasing the players. If black rock disappeared tomorrow all that money would just move to another ETF manager and you would instantly have another BlackRock.
Also I think BlackRock (which is far from blameless in a whole lot of affairs) gets confused with black stone. It was the latter more directly investing in real estate iirc.
I mean a lot of what BlackRock sells is index funds like vanguard etc.
That’s a lot of people’s retirements more than it’s private equity.
I think you’ll have more luck changing the rules of the game rather than chasing the players. If black rock disappeared tomorrow all that money would just move to another ETF manager and you would instantly have another BlackRock.
Also I think BlackRock (which is far from blameless in a whole lot of affairs) gets confused with black stone. It was the latter more directly investing in real estate iirc.
Any time I see a comment/thread about this stuff I just assume the OP heard Blackstone does this and doesn’t realize they’re separate companies.
Granted, Blackrock does have a few real estate funds, but they’re mostly in commercial property. They don’t buy homes.