THREAD:
HOW THE F%!CK DID WE GET HERE?—The "Ray Charles Could See What Is Next" Edition
While we continue to be distracted by theatrical nonsense, something pretty sinister is happening right under our noses...
HOW THE F%!CK DID WE GET HERE?—The "Ray Charles Could See What Is Next" Edition
While we continue to be distracted by theatrical nonsense, something pretty sinister is happening right under our noses...
Our housing market is being manipulated like a 16-year-old girl in a sparkly vampire's den.
First, some background...
The Fed has been spending ludicrous amounts of money on mortgage-based assets.
LINK: advisorperspectives.com/articles/2020/…
The Fed has been spending ludicrous amounts of money on mortgage-based assets.
LINK: advisorperspectives.com/articles/2020/…
And, as I am sure you will recall, so has BlackRock.
If you don't already know, Soros holds BlackRock's beer.
foxnews.com/media/blackroc…
If you don't already know, Soros holds BlackRock's beer.
foxnews.com/media/blackroc…
And even as people warned about what would happen when those moratoriums were lifted...
LINK: forbes.com/sites/forbesre…
LINK: forbes.com/sites/forbesre…
Others were sure the Feds would taper down on their house-buying spree and look to adjusting rates for the obvious inflation we are already seeing.
Like, up to yesterday, they were sure. They'd taper down.
wsj.com/articles/fed-m…
Like, up to yesterday, they were sure. They'd taper down.
wsj.com/articles/fed-m…
Well...
Not so much.
The Feds had a meeting and this is what they decided to do instead.
LINK: magnifymoney.com/blog/news/fed-…
Not so much.
The Feds had a meeting and this is what they decided to do instead.
LINK: magnifymoney.com/blog/news/fed-…
But I digress...
Because, just now, Biden announced those moratoriums are going to be lifted.
He blames the Supreme Court or something...
LINK: forbes.com/sites/chloesor…
Because, just now, Biden announced those moratoriums are going to be lifted.
He blames the Supreme Court or something...
LINK: forbes.com/sites/chloesor…
So, just to recap...
The Feds and BlackRock are buying up housing in bulk, at artificially low interest rates.
Landlords, who have been forced into debt despite promises of assistance, have no choice but to finally evict thousands em masse, across America.
The Feds and BlackRock are buying up housing in bulk, at artificially low interest rates.
Landlords, who have been forced into debt despite promises of assistance, have no choice but to finally evict thousands em masse, across America.
Homes are hard to find because BlackRock has purchased entire subdivisions at way more than market value and are turning them into rental units.
And if you do get into an adjustable mortgage, you'll likely get destroyed when the Feds finally decide to reflect soaring inflation and start dumping their mba's.
Remember this from above?
Remember this from above?
And forget about building your own home at these lumber prices...
So all those people are suddenly down to three options:
Go homeless.
Rent.
Or go into debt.
And good luck getting a loan if you ain't woke.
blackrock.com/institutions/e…
/end
#TheMoreYouKnow
Go homeless.
Rent.
Or go into debt.
And good luck getting a loan if you ain't woke.
blackrock.com/institutions/e…
/end
#TheMoreYouKnow
PRO TIP: If you compiler your threads with a thread ap, you can visit the Wayback Machine and recover it should you lose your account...
Or so I've heard.
@threader_app Please compile.
Or so I've heard.
@threader_app Please compile.
Expect much, much more of this.
You see, businesses won't get financed unless they toe the line and get high ESG Scores, either.
You see, businesses won't get financed unless they toe the line and get high ESG Scores, either.
https://twitter.com/tx4dt/status/1420778856630345729
Sorry. Thread got chopped.
https://twitter.com/empath_angry/status/1420805673399455745
And for all of you who think you'll just rent those apartment BlackRock is creating, remember, BlackRock will also get to decide which of the hundreds of applicants have acceptable ESG Scores for that privilege.
So I hope your tweets aren't too extreme or radical.
So I hope your tweets aren't too extreme or radical.
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