blackrock is already having losses from real estate, and they have said they mostly invest in development more than buying up new construction. as the boomers keep retiring over the next 15 years, prices will continue to drop adjusted for inflation. all boomers will try to sell to blackrock at the same time. blackrock doesnt need a bunch of empty houses and to be liable to property taxes and wear and tear and basically getting zero rental money. its also socially unforceable, if some neighborhood stays empty it will be looted for materials and become something of a ghost town, so blackrock just spend $400.000 for a rotting husk
Israel