• Yewb@lemmy.world
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    9 months ago

    Banks, private equity, and hedgefunds are buying all the houses its not just the baby boomers.

    Property is a great hedge against the us dollar!

      • FuglyDuck@lemmy.world
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        9 months ago

        Outta curiosity… who do you think invests/runs black rock?

        I dunno, but I’m guessing not a millennial.

        • foggy@lemmy.world
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          9 months ago

          Betsy Devos’s Brother is the founder of Blackrock.

          Betsy Devos was secretary of education. And she was intentionally dismantling public education to further the interests of her brothers empire.

          Edit: past tense. Former.

          • opp@lemmy.ml
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            9 months ago

            No, her brother is the founder of blackwater the private military company.

          • dick_stitches@lemm.ee
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            9 months ago

            BlackRock was founded by Robert S Kapito and Larry Fink. Betsy DeVos’s brother Erik Prince founded Blackwater, the private military contractor.

            Betsy DeVos is terrible, but was NOT colluding with BlackTock to dismantle American education. She was dismantling public education because she had her hands in the pockets of the charter schools