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to branch off of what @AlanMCole is saying, I've bumped into a huge number of people who are pattern matching Black Rock etc to other narratives...none of which actually applies.
One is "these billionaires are doing this", but ... the funds are mostly PENSION funds, so >
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2/ the money that's buying up these houses is coming from middle class teachers, cops, fire fighters, bus drivers, etc. Another complaint is "these firms are too big to fail" and therefore will get bailed out by gov, so they can win on the upside, but don't suffer downside
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