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Title: BlackRock offloading real estate at a loss
Source: [None]
URL Source: https://citizenwatchreport.com/blac ... loading-real-estate-at-a-loss/
Published: Jan 11, 2025
Author: Horse
Post Date: 2025-01-11 11:11:24 by Horse
Keywords: None
Views: 1217
Comments: 28

In a move that signals significant shifts in the real estate landscape, BlackRock, one of the world’s largest asset managers, is reportedly scaling back its real estate investments by selling properties at a loss. This strategic retreat comes amidst whispers of an impending market collapse, with residential prices stagnating and an oversupply of unsold properties accumulating.

The decision by BlackRock to divest from real estate at a loss is not just a business maneuver but a stark indicator of underlying market dynamics. When a firm with such deep pockets and market influence starts cutting losses, it’s a red flag that the real estate sector might be facing more turbulent times ahead than currently perceived.

Poster Comment:

"We never had any illusions as to who we are dealing with. It was clear to us that after the Cold War ended, Washington and its NATO satellites sought total hegemony and wanted to resolve their own development challenges at the expense of others." -- Sergey Lavrov's article for Razvedchik news magazine (24/3/2023)

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Begin Trace Mode for Comment # 22.

#2. To: Horse (#0)

I am half expecting that the State will buy up all of the burned out land in Malibu and PP and use it to construct massive housing complexes for illegal aliens.

Dakmar  posted on  2025-01-11   11:51:35 ET  Reply   Untrace   Trace   Private Reply  

I am half expecting that the State will buy up all of the burned out land in Malibu and PP and use it to construct massive housing complexes for illegal aliens.

I already saw a vid where that is being done. Not sure exactly where I saw it, but there are literally hundreds of block houses, all unoccupied and just waiting for people to show up. I wonder where they will get their groceries? ;)

BTP Holdings  posted on  2025-01-11   15:07:38 ET  Reply   Untrace   Trace   Private Reply  

I wonder where they will get their groceries?

CVS. see Kelo v. City of New London

Dakmar  posted on  2025-01-11   15:15:46 ET  Reply   Untrace   Trace   Private Reply  

I wonder where they will get their groceries?

CVS. see Kelo v. City of New London

Thanks. I looked it up.

AI Overview

Kelo v. City of New London was a landmark Supreme Court case in 2005 that redefined the meaning of "public use" in the Fifth Amendment's takings clause:

Background

In 2000, New London, Connecticut used eminent domain to seize private property from residents Susette Kelo and Wilhelmina and Charles Dery. The city planned to sell the property to private developers to create jobs and increase tax revenue. Kelo and the other property owners argued that the city violated the Fifth Amendment by not seizing the property for public use.

Supreme Court ruling

The Supreme Court ruled 5-4 in favor of New London, holding that the city's actions qualified as "public use". The majority opinion, written by Justice John Paul Stevens, stated that the city was following an economic development plan that served a public purpose.

Impact

The Kelo decision was controversial and led to a nationwide debate about the limits of eminent domain. Many states passed laws to limit the use of eminent domain for economic development.

====

Kelo v. City of New London | 545 U.S. 469 (2005)

Justia U.S. Supreme Court Cente

Kelo v. New London: Economic benefits are a permissible form of public use that justifies the government in seizing property from private citizens....

supreme.justia.com/cases/federal/us/545/469/

============

"Capital must protect itself in every way, through combination and through legislation. Debts must be collected and loans and mortgages foreclosed as soon as possible. When through a process of law the common people have lost their homes, they will be more tractable and more easily governed by the strong arm of the law, applied by the central power of wealth, under control of leading financiers. People without homes will not quarrel with their leaders. This is well known among our principal men now engaged in forming an imperialism of capital to govern the world. By dividing the people we can get them to expand their energies in fighting over questions of no importance to us except as teachers of the common herd. Thus by discreet action we can secure for ourselves what has been generally planned and successfully accomplished."

((((((The above was printed from the "Banker's Manifest", for the private circulation among leading bankers only, taken from the "Civil Servants' Year Book, "The Organizer" of January, 1934.)))))) The Banker's Manifesto ties in with U.S. Senate Document No. 43, 73rd Congress, 1st Session (1934), to wit:

"The ultimate ownership of all property is in the State; individual so-called "ownership" is only by virtue of Government, i.e., law, amounting to mere "user" and use must be in acceptance with law and subordinate to the necessities of the State."

Remember, it's not a question of "if" the economy will collapse, but "when". And if they can't "steal" your property with the above described scheme, they will take it via sequestration by "conservation easements" and expropriate it to international organizations, corporations and associations at "the extinction of the State" through "concessional" lending. That is what the ESA (Endangered Species Act of 1973), the UNEP (United Nations Environment Programme), UNDP (United Nations Development Programme), and the treaty entitled the "Convention On Biological Diversity" and the benign sounding phrase, "Sustainable Development" are all about...

---memory hole

AllTheKings'HorsesWontDoIt  posted on  2025-01-12   11:52:39 ET  Reply   Untrace   Trace   Private Reply  

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