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Paul Novosad
@paulnovosad
When corporate landlords like Blackstone enter a suburban neighborhood, rents fall and segregation declines because minority renters can now afford to live there.
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Sean Padraig McCarthy
@SeanMcCarthyCom
New York City is so evil that if you walk into a random big building to do a mass shooting thereโ€™s decent odds youโ€™ll hit the person in charge of buying up single family homes for blackstone
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David Watson ๐Ÿฅ‘
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Hooded Justice โš–๏ธ๐Ÿ‘จ๐Ÿพโ€โš–๏ธ
@tragic_maverick
Most of these people want to own homes but end up renting because firms bought up entire neighborhoods down south. Yโ€™all stay silent when we get displaced by gentrification, but then turn around and use us for diversity points for being forced to rent homes we wanted to own.
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alex klinger
@alexklinger
theyโ€™re putting this out to defend the Blackstone exec. when Blackstone buys your whole neighborhood, itโ€™s not to increase โ€œdiversityโ€ itโ€™s to corner the market and raise the rents. have you never played monopoly?
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EnZo
@EnZoStockton
This effect is only measured in the short-termโ€”it's almost certain the opposite would be true on a long-term horizon.
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WinstonSmith
@BackporchBobcat
Letโ€™s revisit these same neighborhoods in 15 years and see how they have fared. Are the homes well-maintained? Is the landscaping fresh and attractive? Are the streets clear of non-operable vehicles? I suspect we all already know the answers.
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TrumpFolkArt
@TrumpFolkArt
Wow I never thought of it that way. My nice suburban neighborhood gets minorities shoved into rental homes and my property values fall? Thank you, Blackstone, for diversifying my neighborhood! The gunshots and police sirens are so vibrant!!!
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ak
@ak47eating
it's true, and that guy is dumb, but the example of boeing, et al, is likely informative for what problems will arise further down the line with this specific type of ownership. there's solutions to most of them, but we're not seeing any level of gov take the lead on any of it.
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โ™“ โ™† Kezinox โ™† โ™“
@Kezinox
the last line says life gets worse for me in order for life to get better for people who are more likely to make my life worse. that's a non-starter. it's telling me i have a vested interest in opposing this, because i'm a homeowner.
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George Orwell Groyper
@Nomad062025
Ohh I was told blackstone is not purchasing homes, now you dipshits saying they donin fact buy and supposedly โ€œrents fallโ€? We truly havent murdered enough CEOs
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Ducks Hunting
@genius_clearly
Dude reads that cherrypicked part of some stats and sells out his own self-interests. They are laughing their collective ass off at these ignorant fools who eat this shit up. We are so cooked as a nation.
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