She could buy blackrock shares to benefit from her own exploitation…
isnt it mostly blackstone
To me, blackrocks are quickdraws where the black carabiner is attached to the rock :3
Nobody is talking about this so I’ll address it:
They also FORCE you through their processes.
Want to rent an apartment? Got to go through their systems and pay their application fee that’s only for them. Didn’t get approved? Non-refundable.
Applied and renting now? Oh yeah we don’t actually offer these amenities without an extra fee that we didn’t tell you until your first rent bill.
Oh, you can ONLY pay online through our renter’s portal, with a convenience fee of $50.
By the end of a single year, you’ve paid $2500 for literally nothing.
Blackstone laughing all the way to the bank again because BlackRock is taking the heat for their activities lol
Blackstone specifically buys up residential property, BlackRock has a commercial real estate portfolio and it’s smalmer
Smalmer than what?
Blackstone’s REIT. I’m keeping the typo so your comment would continue to make sense
You can use ~~ sign in the front and end of the word to cross it out
like thatto make backwards corrections, but still keep the context of the reply that pointed out the typo.I know but I’m also too lazy lol
The entire system is setup to amplify the power of Money and the single biggest form of Discrimination out there as measured by the Hurt and Harm it causes is Wealth Discrimination.
This shit is not an unexpected flaw of this system, it’s a desired feature by those who have been shaping it over the years.
Banning large corporations from owning residential rental property would fix a great number of problems simultaneously. Give them X amount of time to divest and watch affordable housing flood the market.
In the Netherlands they raised tax on owning houses that you don’t live in yourself, a lot of affordable houses flooded the market. Which was great for everyone wanting to buy a house, but meant there were less homes available to rent. So while some people had it easier to find a house, others had it harder. The lessen basically everyone knows already: if there are not enough houses to live in, you need to build more houses. I totally agree with you, but if after that change there still aren’t enough homes the problem will remain.
Wouldn’t that have also drove rent down? Oh or would that also have also limited the supply of rental units and then the rent would increase?
Yes, less homes available for rent increased their price. Regular supply and demand - total demand over both categories didn’t change, while supply shifted from one to the other.
They could add a governmental loan program similar to Singapore. Basically, the state would buy the houses and rent them out.
Of course this would be too expensive.
Basically, the state would buy the houses and rent them out.
We used to have this (local governments building houses and renting them out), privatisation forced these organizations to only cater to the lowest incomes. Which honestsly is really great for them, the problem i described before is mainly one of the younger middle-class (finished education but not yet in a position to buy a home). Iirc Denmark and Austria have social housing for a much larger group. But it does seem to come down to money: is the upperclass willing to subsidise housing of the classes below them.
In Austria it depends on the city and/or state.
I’ve lived in a couple of countries in Europe, including The Netherlands.
The Netherlands is extremely Neoliberal and has been for decades now - politicians there would NEVER have the government own more stuff, no matter how much good that could do for the population in general.
Didn’t the US literally do exactly that last week? Maybe I read the bill wrong.
There’s a lot of loopholes. I think I read that it doesn’t affect Blackrock at all. It will affect Blackstone, but there are enough loopholes for them too.
My favorite part of that bill was allowing mobile homes to be built without the “mobile” part (the permanent chassis). So you can buy a shitty manufactured home and then be completely under the power of the trailer park that rents you your parking spot.
So, iMobile homes, basically.
Tis a rotten system.
Even a married woman might be stressed and depressed enough to strangle 3 of her little kids with exercise bands and kill them. See: Marshfield, MA (USA).
Yeah, but if you work there someday you might become the chancellor of germany, go figure
Quote Friedrich Merz: “This isn’t a “locust” it isn’t uh private equity: it’s an asset manager. Uhm, yes, the largest in the world, but asset managers are fiduciaries for their clients funds. And in that respect, I feel extremely comfortable with it.”
Don’t forget about blackstone.
Or blackwater.
Man, could we have one black superhero without “Black” in their name?
A Train? Frozone?
Miles Morales, Cyborg.
Bloodsport
Hey gotta let the free market do its thing /s
The current German chancellor, Friedrich Merz, worked for them.
“worked” = did nothing half the day then 2h of corruption
It shows, but only a little…
just be homeless for a few days, it must trickle down any moment by now trust
I purchased some ETFs but I think they have some BlackRock associated stuff in there, does anyone have any insight on non AI and non BlackRock ETFs ?
If you’re into ETF’s first thing that matters is who manages that fund, BlackRock’s ETFs are branded as iShares - avoid those of you do not want to give BlackRock any money. European alternatives are among others Amundi (French) Xtrackers / DWS (German), L&G (UK). My suggestion is look up the ETFs you have on https://www.justetf.com/ and look at what companies/countries/sectors are in that fund.
ETFs are best as a long-term investment, so I’d argue it’s fair to not only look at how much cash you might get out of them but also what kind of companies you ‘support’ through them.
Personally my experience is that generative chat bots with web search are quite good at giving answers to your questions though. Not saying you should take their advice, but if you ask for example ‘what are good ETFs without BlackRock and without AI?’ you might get results that are worth checking out.
