Miles Harris: Meet your New Landlord, Wall St.

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Miles Harris
Jun 11, 2021

Meet your new Landlord: Wall St and in particular Blackrock. A dangerous trend is rapidly underway and that is the purchase of single family rental properties by large financial institutions. This threatens to send home prices ever higher and to reduce the ability of the middle class to build wealth through home equity.

We must fight back against this development by petitioning local councillors, politicians and by raising awareness of what is afoot.

0:00 Intro
0:49 A worrying trend
3:20 Propping up the housing market
5:36 Here come the pension funds
6:25 Importance of home equity
6:49 Monetary policy & structural transformation
8:18 Resistance

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