Apparently the banks are buying them all with Federal money:
Around 6 months ago someone on 4chan who claimed to be working in some sort of finical institution was claiming that banks or hedge funds were using the insane of amount of money that the fed gov was granting to them to buy single family homes.
While reading the comments on unz today, I came across this. Comment number 41 on “Coordination and Decomposition” by Gregory Hood.
I wrote a few months ago about the bizarre disappearance of affordable, middle class homes in white rural neighborhoods.
A house would appear on the MLS, and within 8 hours…it was Under Contract.
This was happening in West Virginia- a stalwart of white values and no BLM criminality would be tolerated. I wrote that something was afoot and it was frightening.
It is Black Rock.
Black Rock is buying up homes by the thousands. The average earner cannot compete as they are paying cash, and 20{3549d4179a0cbfd35266a886b325f66920645bb4445f165578a9e086cbc22d08} over the asking price.
This is a HUGE story, with catastrophic consequences, aside from making home ownership completely unattainable for most white working class.
What is Black Rock going to do with these homes?
Complete the destruction of the white middle class, apparently, and turn everyone into renters.