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“Blackstone Prepares A Record $50 Billion To Snap Up Real Estate During The Coming Crash”

The market at work.

Anyone who says we can build our way out of it needs their head examined or is a real estate industry lobbyist.

Again: #ItsTheSpeculationStupid
zerohedge.com/markets/blacks…
This is our new reality.

Homes are being bought by private equity firms WHILE they’re in construction.

Entities crowdfund w/small investors throughout America to buy apt bldgs in gentrifying n’hoods.

Everything short of strong anti-speculation policy is just messing around.
And again: when putting together the plan for @liberty_clt I said if there is to be a Black Los Angeles our goal has to be to take as much land off the speculative market as fast as possible.

Nothing else will work folks. NOTHING.

#DecommodifyHousingNOW
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