https://www.instagram.com/reel/DN9RKx4ku0h/?igsh=NjZiM2M3MzIxNA==
BlackRock and Private Equity Firm housing scam EXPOSED …Q on Telegram
• They are buying up entire new housing developments, sometimes 500 units. They’ll buy the houses at $300k per home. They won’t sell it right away, they’ll keep the area looking like a construction zone for a year.
• Let’s say there are 3 different models of homes in the community they bought, then a year later they’ll sell 3 of those houses that they bought for $300,000 to themselves in another fund for $700,000.
• That creates 3 comps in the neighborhood. They do one of each of the models, and now the entire neighborhood, each house is valued at $700,000.
• Then they’re going to turn them into obscene rentals and simultaneously they’re going to have a 2.5x value on that portfolio to borrow against “And every American in that community was just priced out of everything around that community.”😈👿❌🔥☔️🙏
