They are buying up homes in older neighborhoods where the elderly are dying off; & renting thru HUD 'inflated' rents - which drives up rent throughout all rentals!!
@Chiheb Bouhanaf You've practically made her point. In a modern civilized country, when you get sick they ask you what's wrong. Then they fix it. Only in hellholes like the U.S does a sickness carry the risk of permanent economic disaster. Not to mention the people doing this aren't doing this to 'pay the bills'. They're already on top. They don't need more, they're simply taking from those that do need to pay bills so they can have more. I hope you're being compensated for defending the actions of the immoral rich on the internet. Because otherwise it certainly doesn't serve your best interests. Maybe try sending Blackstones PR department an invoice for your time. Otherwise, expect to one day get stepped on like the rest of us. Hopefully when you do you'll keep their toes out of your mouth.
Yep that’s right and when they inflated the price people will buy them again and when they are foreclosure they inflated the price and sale it again and the process repeat it self
That's the danger of changing ones' habit -- renting your home. Most American families are not in the habit of saving, depending almost entirely on pension and insurance for retirement. So naturally, most working class American families are not saving as much for rainy days prior to retirement to afford a mortgage. One should never treatment a mortgage payment as another household expenditure.
Rented from Invitation Homes (Blackstone subsidiary) for 7 years. Was promised option to buy. House listed as newly renovated is in fact a delapitated 1951 built. The maintenance sent by invitation home stated that they never repair but patch up and they solicit tenants for money. Portfolio director gets kickbacks from contractors and files evictions spliting proceeds with hired law firm. The law firm's representative stated, that he will commit criminal action if asked to do so by his superior. The corporate leadership is aware of houses not being repaired and security deposits not being returned but pocketed by the company. They have above the law mentality. During covid-19 pandemic they keep evicting tenants despite the CDC Moratorium. Majority of eviction cases filed in Miami-Dade county courts have affidavits from IH that houses not under GSE (government sponsored enterprise), however it is a known fact, that IH have Fannie May backed loans since 2017. In 7 years I have collected extensive body of evidents (pictures, videos, statements, email correspondents with local and corporate Invitation Homes officials). Most memorable statement from my landlord Invitation Homes portfolio director: " It's my way or I will evict you. The IH will have to drag me out to get rid of me."
Why? Simple answer. It's called Greed funded by the greatest money printer on the planet (Federal Reserve)
Its 2021....here goes round 3 ....
Yep!
Yep
They are buying up homes in older neighborhoods where the elderly are dying off; & renting thru HUD 'inflated' rents - which drives up rent throughout all rentals!!
@Seer-of-things end Agenda 21
This makes me sick. Greed is destroying everyone's happiness and humanity
yeah but serves themworking for blackstone a salary of 250000+ kinda of bullshit
@Chiheb Bouhanaf You've practically made her point. In a modern civilized country, when you get sick they ask you what's wrong. Then they fix it. Only in hellholes like the U.S does a sickness carry the risk of permanent economic disaster.
Not to mention the people doing this aren't doing this to 'pay the bills'. They're already on top. They don't need more, they're simply taking from those that do need to pay bills so they can have more.
I hope you're being compensated for defending the actions of the immoral rich on the internet. Because otherwise it certainly doesn't serve your best interests. Maybe try sending Blackstones PR department an invoice for your time. Otherwise, expect to one day get stepped on like the rest of us. Hopefully when you do you'll keep their toes out of your mouth.
@Chiheb Bouhanaf that's the point. Money has taken over everything. The rich is squeezing everyone out.
The greedy have no idea that in the end they will destroy themselves.
First Blackstone now Blackrock, next Blackpebble...
Lol!!!!!
Lol Blackstone group and Blackrock were founded in the same building and the 2 founders are very close friends
😂😂😂
Yep that’s right and when they inflated the price people will buy them again and when they are foreclosure they inflated the price and sale it again and the process repeat it self
When are certain people going to stop voting against their own interests ❓
It truly is just this simple, yes. Kentucky being #1 example.
That's the danger of changing ones' habit -- renting your home. Most American families are not in the habit of saving, depending almost entirely on pension and insurance for retirement. So naturally, most working class American families are not saving as much for rainy days prior to retirement to afford a mortgage. One should never treatment a mortgage payment as another household expenditure.
This is criminal.
Rented from Invitation Homes (Blackstone subsidiary) for 7 years. Was promised option to buy. House listed as newly renovated is in fact a delapitated 1951 built. The maintenance sent by invitation home stated that they never repair but patch up and they solicit tenants for money. Portfolio director gets kickbacks from contractors and files evictions spliting proceeds with hired law firm. The law firm's representative stated, that he will commit criminal action if asked to do so by his superior. The corporate leadership is aware of houses not being repaired and security deposits not being returned but pocketed by the company. They have above the law mentality. During covid-19 pandemic they keep evicting tenants despite the CDC Moratorium. Majority of eviction cases filed in Miami-Dade county courts have affidavits from IH that houses not under GSE (government sponsored enterprise), however it is a known fact, that IH have Fannie May backed loans since 2017. In 7 years I have collected extensive body of evidents (pictures, videos, statements, email correspondents with local and corporate Invitation Homes officials).
Most memorable statement from my landlord Invitation Homes portfolio director: " It's my way or I will evict you. The IH will have to drag me out to get rid of me."
WOW ! we do not have this in AUSTRALIA 200 years ago is called Feudalism
Neo-Feudalism.
Fast forward 7 months and ta daaaa! Australia has it too! If you think you don't, you should look closer.
So sad for this family....how horrible what the government allows
Wicked.
Disgusting.
very nice