1 in 7 Homes Owned By Wall Street

Wall Street firms, investment funds, private equity, venture capital type of groups. Okay, this is wild. Now you guys know this channel, we talk about all things funds, finance, how to start these funds, how to build them. But this is a wild report I heard last night. We're at a networking event, someone brought this up. I want to explain what's going on, how this looks, and what this looks like for the next 5 or 10 or 15 years when Wall Street is buying something like 14% of all homes purchased last year were done by Wall Street. And these are residential homes. This doesn't even include the small apartment or condo types of buildings. Most apartment complexes are owned by big, let's call them Wall Street firms, big investment firms, big private equity or real estate funds that manage these apartment complexes because very few individuals can go buy up, you know, a $200 million apartment complex. So that's excluding that. This is just single-family homes. Okay? This is wild. And this is kind of the future where we're going with BlackRock and Blackstone. Right here, actually pull it up. So Blackstone has dedicated $6 billion to buying out single-family homes. $6 billion. Okay? BlackRock, who we're going to talk about BlackRock in a second, they spent last year $2 billion. They bought 4,802 homes last year, just last year. Okay? Crazy. Now BlackRock, they are one of the scariest organizations on planet Earth. Now Blackstone, private organization, I believe at least. Blackstone, excuse me. Am I getting wrong here? Blackstone, private organization. BlackRock, okay? They have over $10 trillion. It might be more than that now, but last I checked, it was $10 trillion under management. They take a— they have a majority stake or a large stake in most companies in the United States that you see on the S&P 500, news outlets, media, social media. I mean, you name it. You look up who's, what's the cap table look like? BlackRock is usually on that cap table. Now they're getting into homes. Now this is very interesting, right? Home prices have gone up like crazy the last 2.5, 3 years. I'm in Utah. I think year over year, it's 22% to 25% the last 2 years. Like I mean home prices are growing like crazy, right? There's mass migration. People are moving from pretty traditionally Democrat states to Republican states right now, from States that have high taxes to low-tax states. You have this mass migration. I would call it the largest human migration ever in the history of the world is happening right now. Happened the last 2 years during COVID and still is happening right now. Currently right now, interest rates are going up, right? This has spooked a lot of people and rightfully so. If you have an adjustable-rate mortgage, your monthly payment now is higher. If you have an adjustable-rate car loan, It is higher. Or if you locked in a fixed-rate loan at 2.5% last, you know, 2 years ago on a house, hey, we bought a $500,000 house at 2.5%. Great. You're not gonna— who would want to sell that house and go buy a million-dollar house with a 5.5% rate? Right? You want to keep that rate as long as you can because that's a great low rate. So I'll give you my example, for instance. We've purchased now 3 properties in the last 2 years with pretty good interest rates. I don't want to sell those. My current house I'm living in, I don't want to sell it. We have a ton of equity in the house. We have a really low rate. I might as well just keep it and go buy another. If we're going to move somewhere, go buy another house if I can, right? If I have the capital to do it. I think a lot of people are doing that as well. They are going to stay. And what we've seen on the markets is more homes staying on the market and staying for a long time. Now, this is interesting though. Back to 1 in 7 homes owned by Wall Street. Not including like that's 1 in 7 of residential properties. I don't know what the exact number is, but apartment complexes, it's got to be well over 50% to 60% of all apartments are owned by Wall Street. Okay? This is the world we live in. Now, this all ties into as well. I'm going to go a little bit deeper and you guys can look this up yourself. But the 2030 Agenda, if you guys look at this with Davos, their 2030 Agenda, one of the main points They say is, they say this is looking forward next 5 or 10 years. First off, before I get into that, do you think Blackstone, BlackRock, big Wall Street investors that are buying up homes in the tens of thousands are going to just dump them next year and get out of the game? No. Right? This is a, real estate's usually at minimum a 6 to 7-year play for most of these groups, if not a few decades play. I don't see this isn't just some quick little thing they're doing. This is a long-term play. They're acquiring lots of real estate. Okay, number one. Number two, back to the 2030 agenda. One of their points on the World Economic Forum website by 2030, they said on their one of their videos. It's crazy. They make it look all fancy and look oh this looks so great. It says you will own nothing and you will be happy. That's one of their points. Now they go after it. We're going to solve climate change. We're going to solve energy. We're going to solve Waste. We're going to solve all this stuff. One of their points though is you will own nothing and you will be happy. Is this the beginning of that, you know, that goal by 2030 that most people in the world will own nothing and pay rent? The other one they want to put right alongside that is universal basic income, UBI. That's one of their other points on the World Economic Forum. This is run by the smartest, most wealthy, most powerful people on planet Earth. All go to the World Economic Forum. One of the other points is we want universal basic income for everybody on planet Earth, which from face value sounds nice, right? People can get a check. They can have it. But who's writing those checks? It goes back to the old quote from Incredibles, right? You got the— what's the kid's name in Incredibles? Is it Wonder Boy? He goes, he's talking about he wants to be super and he made all these things. And this is Incredibles 1, fantastic movie. He says, but then Mr. Incredible looks at him. He goes, if everybody's super— or no, the kid says this to him. He goes, if everyone's super, Then no one is, right? It's the same thing with universal basic income. If you gave everybody $1,000 a month, guess what? It's like nobody has $1,000 a month. It's the same situation before. Maybe inflation just goes up. You have higher gas prices now, higher rent. It's the exact same purchasing power. There's no more purchasing power that happens with universal basic income unless we really want to— and it sounds like they really want to move to a socialist society, right? That would be a socialism type of society. Where you tax the ultra-wealthy or the wealthy, wealthy corporations, you kill innovation, you try to strap these down, you put most things under government control. There's just not very many countries, if zero, that have worked. I would love someone to fight me in the comments right now. Fight me. Find me a country that has successfully worked with communism and/or socialism over the last 100 years. Find me one. I'd love to hear it. I'd love to hear the one that worked. We've tried it. This is not like a brand new idea. We've tried this before. Okay? So back to the houses, right? You will own nothing. You will be happy. You see Bill Gates buying up, he's, I believe he's the largest landowner in America right now, buying up raw land. You have Wall Street buying up residential houses in droves, huge private equity real estate firms buying up real estate in droves. Okay? Now, number one, follow this channel. We actually help a lot of people launch these funds. So I'm sorry if this is maybe my doing. We're in the fund space. Okay? We help people launch these funds. We have multiple students that have got over $10, $20, $30, even a couple over $100 million funds. A lot of them in real estate, right? What we're talking about here. Secondly, if you don't want to do a fund, I personally, I can't control world economics, right? I just, when there's a tidal wave coming, I just I follow the tidal wave. Right now, we're seeing a wealth divide, right? The rich are getting richer and the poor are getting poorer through inflation, right? Their dollars are worth less and they're not earning more income. And so this wealth gap is dividing like crazy. I personally, if the wealth gap is dividing, I want to be on the wealthy side. If I could choose, I want to be on the wealthy side. So I'm going to position myself to be on the wealthy side. And what's a good way to do that? You copy what wealthy people are doing. You follow what they're doing. If you see really wealthy people, Elon Musk and Jeff Bezos dumping all their stock Q4 of last year, huh? Interesting. Why would 2 of the world's richest men dump a lot of stock? Oh, interesting. Right now, we've taken one of the biggest market corrections since the Great Financial Crash. next 6 months. Okay? You see huge Wall Street firms buying up residential homes. Interesting, right? Maybe you should look into that and say, well, if the wealthy people are doing it, maybe I should do it too. Right? It's been my mantra for years, right? Just copy what wealthy people do. Getting rich is not that hard. I'm a multimillionaire at 26 years old, multi-multimillionaire at 26 years old. It's It's not that crazy. Okay? Yeah, there are principles and laws and rules you follow to make a lot of money. Tony Robbins talks about this. He calls it the science of success. It's a science. Literally, there's X's and O's. You follow the science, you'll be successful. And then he goes on, he talks about the art of fulfillment. He goes, yeah, you can have a billion dollars, but are you fulfilled? And that's what Tony Robbins gets really into. And he talks about it's an art. It's not just a science. Science is, you know, 1 1 2. An art of fulfillment. It's an art type of work. And it takes a lot more, you know, soft skills to do that. Anyways, I won't get into Tony Robbins. That's what he talks about. Okay? It's a science for success. One of those science metrics is just copy what successful people are doing. Okay? I'm not giving financial advice. Go look into this stuff. It's pretty interesting. 1 in 7 homes owned by Wall Street. That should make your ears perk up. If they're buying, you know, maybe you should look into that. Okay. You guys are amazing. I'm hopping off for today. You guys are awesome. Hit the like, subscribe button. Give me a, give me a like below. Let's boost this video up if you guys can. And, uh, let me know what you guys think. See y'all later.