30 The real estate scam works like this. Billionaires buy up many homes/businesses and keep them empty to lower actual supply, raise demand and raise prices. That’s why your rent goes up instead of down. (youtube.com) posted 1 year ago by LightBringerFlex 1 year ago by LightBringerFlex +32 / -2 33 comments share 33 comments share save hide report block hide replies
They prefer to have less homes available at higher prices because it's less work for the same or more money. Blackrock doesn't operate like normal businesses. They have 10 trillion in assets.