- May 20, 2014
- Reaction score
According to a Wall Street Journal report, BlackRock – led by billionaire Laurence Fink – is purchasing entire neighborhoods and converting single-family homes into rentals; while in cities like Houston, investors like Fink account for one-quarter of the home purchasers.
Be interesting to see a state by state breakdown
Risk and investment management titan BlackRock is among several firms pushing working families out of the housing market and into rentals journalist Pedro Gonzalez told "Tucker Carlson Tonight."