Reported 12 months ago
Robert F. Kennedy Jr. shared concerns about big corporations like BlackRock, State Street, and Vanguard owning 89% of the S&P 500, and their possible plan to own 60% of single-family homes in America by 2030. While these corporations have significant influence in financial markets, their direct involvement in buying single-family homes is limited. The issue has raised concerns about affordability and availability of homes for regular families, with private equity firms and large investors influencing the housing market.
Source: YAHOO