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World News See other World News Articles Title: Who Will Eventually Own Everything, Including You? Who Will Eventually Own Everything, Including You? Analysis by Dr. Joseph Mercola April 26, 2022 STORY AT-A-GLANCE > The vast majority of the world’s assets are owned by just two investment firms — BlackRock and the Vanguard Group. Combined, they have ownership in nearly 90% of all S&P 500 firms, and through their investment holdings they secretly wield monopoly control over all industries Combined, they have ownership in nearly 90% of all S&P 500 firms,1 and through their investment holdings they secretly wield monopoly control over all industries. In short, the idea that there is competition in the marketplace is a clever illusion. BlackRock Is Buying Up Homes By now you may be familiar with the World Economic Forum slogan, "By 2030, you will own nothing." To that end, BlackRock and other investment firms are currently buying up every single-family home they can find, making cash offers of 20% to 50% above-asking price.2 Depending on where you live, you may have noticed that homes are selling within hours of being listed, making house hunting nearly impossible. Home buyers in my home state of Florida are certainly experiencing this phenomenon. Investment firms are also buying up entire neighborhoods. As just one example, a 124-home neighborhood in Conroe, Texas, was bought for $32 million — 20% above listing — by Fundrise LLC, a real estate crowdfunding company, which then turned around and made all the homes into single-family rentals (SFRs).3 According to investment experts, SFRs are "exceptionally attractive investment assets," and this is one aspect driving the trend. Demographic changes such as millennials starting families and affordability constraints are also said to be driving factors.4 But that really does not fully explain what's happening. The War Against Private Property Buying a home has been part of the American dream since the founding of this country. It's been a significant part of financial success and security. Now, lower to middle class Americans are being intentionally positioned to become permanent renters, which means they cannot build equity. Their ability to purchase a home, even if they can afford it, is being stripped from them by companies that can outbid them with cash offers. In a recent episode of "60 Minutes" (above), Lesley Stahl actually did a good job exposing why home prices are going through the roof. It's not just that these investment companies can snap up homes with the click of a button, but they're also artificially driving up prices of both homes and rents. For example, rents in Jacksonville, Florida, rose an average of 31% in 2021, and Austin, Texas, saw rents jump by 40%. The reason appears to be twofold: We're not building enough housing, and what is being built is being bought by corporate landlords at above-market prices. Corporate real estate investors don't even look at the homes they're bidding on, and typically waive inspections. The home can be in any shape and sell within hours. As Stahl notes, "this puts first-time home buyers at a serious disadvantage," as they have many hoops to jump through before they can secure a loan and close the deal. Government estimates we're currently 4 million homes short, and that shortage continues to grow. One real estate investment firm interviewed by Stahl states that they list, on average, 200 to 300 homes for rent each week, and receive 10,000 leasing inquiries weekly. Not-So-Hidden Wealth Redistribution As noted in a tweet by Cultural Husbandry:5 "This is wealth redistribution, and it ain't rich people's wealth that is getting redistributed. It's normal American middle class, salt of the earth wealth heading into the hands of the world's most powerful entities and individuals. The traditional financial vehicle [is] gone forever. Home equity is the main financial element that middle class families use to build wealth, and BlackRock, a federal reserve funded financial institution is buying up all the houses to make sure that young families can't build wealth ... This is a fundamental reorganization of society." Indeed, and it's right in line with plans for societal reorganization described under banners such as The Great Reset, Build Back Better, Agenda 21 and the 2030 Agenda for Sustainable Development (see videos below).6,7 These agendas all work together toward the same goal, which is a global monopoly on ownership and wealth, with a clear separation of the haves and have nots; the owners and the owned; the rulers and the ruled; the elite and the serfs. 'Sustainable Development' Agenda Is a Plan to Enslave You Post Comment Private Reply Ignore Thread
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