The Boom Before the Bust? Why BlackRock Buying Homes Is a Troubling Trend for the US Economy
Crashes And Taxes Podcast · Rebecca Walser
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Show Notes
The 2008 crash and Great Recession were preceded by a dizzying mortgage frenzy that ultimately sent America, and in turn, the global economy, into freefall.
What happened before is now happening again.
Big private equity and investment groups like Blackrock are buying up entire neighborhoods, and this could lead to some market volatility between now and the end of this year. A mortgage boom propped up by artificially low-interest rates is just not sustainable. As investors, what can we expect from this? Could this mean that we're headed for another recession?
In today's episode, I talk about the major real estate acquisitions we're seeing from big institutions and what it means for the American economy.