Right on comments. This author of the article is oblivious of a few pertinent facts and BlackRock as most of Wall Street (has and always will be). Cycles happen, and get reversed just like in nature when Wild Fires occur that mend broken systems and bring equilibrium back into Markets – ANY MARKETS including Real Estate.

We’re in a “Bubble of all Bubbles” and it’s going to end very, very badly. I read one time that 75% of all homes with Mortgages in depth of 1930’s Depression were taken back by Banks. Didn’t do those Banks too well (just like it won’t for BlackRock this time coming around either) as over 9000 went Bankrupt themselves, 4000 alone in 1933.

This Super Cycle Depression is a 230 year Cycle Event. It will make the 1930’s look like a cake walk – and no Government is big enough to bail it all out.

So, if I can take some writer’s liberty extrapolate a little bit here? Put this Depression coming on steroids – I envision the mobs that take over a lot of BlackRock owned homes to have the monthly meetings of the several families living in these “Mega Homes”, of 5-7 bedrooms taking up 90% of the lot s – that they BlackRock and Wall Street Banks have fostered to be built. Drawing straws out of a hat – “Who get’s to shoot the next BlackRock Agent” coming to the front door trying to collect rent or a mortgage? I’m dead serious – it might deteriorate to that like in “Independance Day” movie – of that panic than ensues after there are no jobs to look for as even AI has taken over the Gig Jobs.

In a sense this process in one small way has already started. Look at California if you were totally irresponsible, didn’t pay your rent (that you could pay) during Covid Rental Moratorium, and just pocketed all that money – you could have bought another car , invested in Robbinhood Stocks, bought Gold/Silver coins. Gov. Gaven Newsome is now going to reward all those deadbeats and use your Tax Payer Funded Federal Covid Relief dollars to pay Landlords what they’re out. Message here; IT’S ALREADY STARTING!