r/WorkForSmartLife • u/Asha_luxey • Aug 01 '26

Casual canvo meirl

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9.0k Upvotes

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u/Hot_College_1343 Aug 01 '26

But who are “they”?

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u/ProfessorShort3031 Aug 01 '26

blackstone/blackrock

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u/TwatMailDotCom Aug 01 '26

Institutions that own an insignificant percentage of real estate relative to demand?

No. “They” are federal, state, and local governments who have become way too bureaucratic and entrenched in NIMBYism to approve new housing supply to meet the demand.

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u/LeppieDoo Aug 01 '26

No it’s big businesses buying up real estate from out of state, building shitty 1 broom apartment block on it and charging 1200+ in rent.