Was this their plan all along: BUY TO RENT?

The housing collapse caused the loss of homes for many Americans and crashed the economy around the world. Us average Joe's have had to suffer through the slow and painful "recovery" (if you can even call it that) while the rich have used it as an opportunity to get even richer, as they always do at everyone else's expense.

With everybody kicked out of their homes and credit harder to get than ever (unless you're super rich or have connections) its creating a new opportunity for the super rich and greedy to further soak the regular guy and further enrich themselves.

Stage Two of the Housing Bubble Begins: Blackstone to Lend to Others for “Buy to Rent”

We also know that the current rebound in the U.S. housing market is a centrally planned monster, led by private equity firms with access to cheap money and laundered foreign capital flooding into depressed markets, crowding out American families looking to purchase a home. Well now that Blackstone has spent more than $5 billion in its “buy-to-rent” scheme, it wants others to be able to “participate” in this wonderful investment opportunity (after them of course).

Blackstone Group LP, the private-equity firm that has spent $5 billion on more than 30,000 distressed houses, is preparing to expand its bet on the housing recovery by lending to other landlords.

The firm, which already owns more rental homes than any other investor, has set up B2R Finance LP to offer loans starting at $10 million, according to four people who reviewed the terms. B2R is reaching out to landlords with portfolios of properties seeking to grow in the burgeoning industry for single-family homes to rent, said the people, who asked not to be identified because the discussions are private.

A Lightning War for Liberty

Gotta love it; they create a new market to soak the middle class who can no longer afford to buy their own homes and then, after proving its a successful business model, set themselves up to lend to other investors to increase their revenue stream.

It seems like just another scheme by greedy scumbags to soak the middle class until you look at who owns this Blackstone Group.

Jeffrey Tennyson, the former chief executive officer of mortgage originator EquiFirst Corp., is running the firm, which stands for buy-to-rent. He previously led EquiFirst to become the 12th-largest wholesale subprime lender in the U.S. by 2007, when Barclays Bank PLC bought it. The London-based bank closed the business two years later after the market collapsed.

Bloomberg

So basically we continue to recycle the same characters from the last housing bubble to come on in and do it again. It really makes you wonder if the whole housing bubble and economic collapse wasn't a planned event by the wealthy elite to put the middle class in its place and further suck the wealth from the productive class for these vampires.

Buy to rent may have been the ultimate goal of their scheme to create a permanent underclass with no permanent roots and dependent on their wealthy overlords for everything from housing to jobs to the food they put in their mouths. A class of people permanently mired in debt and unable to pull their way out who they can control from cradle to grave.

Its examples like these that further my opinion that a complete system reset is in order......As long as we continue with the status quo, there will always be evil and devious people ready with a new plan to profit off of someone else's loss and demise.

i like your .gif as for the story why buy something and never truly own it? you buy a house you pay taxes and taxes and it eventually rises or a car you buy one and have to keep paying for insurance title plates and none of that goes to fixing the actual broken down streets it goes to frontage/highway type roads that get rebuilt almost every year yet the run down street with all sorts of pot holes stays like that for decades

the only thing the average person owns is debt

that's the whole plan it's written on the us legal tender to be used for all DEBTS public and private emphasis on debts

they took the shackles off [the] wrists and put them on [your] brains - Master P

So basically we continue to recycle the same characters from the last housing bubble to come on in and do it again. It really makes you wonder if the whole housing bubble and economic collapse wasn't a planned event by the wealthy elite to put the middle class in its place and further suck the wealth from the productive class for these vampires.

Buy to rent may have been the ultimate goal of their scheme to create a permanent underclass with no permanent roots and dependent on their wealthy overlords for everything from housing to jobs to the food they put in their mouths. A class of people permanently mired in debt and unable to pull their way out who they can control from cradle to grave.

I often wonder if karma exists.

if you look at the house prices pre 2001 wordwide then after it tells its own story .

most of those big banks just trade houses with each other to make the markets look good plus getting bonuses and keeping the prices up .

in the u.k the goverment made $19 billion of cuts but can find $40+ billion for deposits mostly for people who already own homes

Exactly what I believe is going on. To add to that "tackling of pollution" will be used as an excuse to justify their actions, at least in cases where homes are turn into units: "Americans are too greedy, their homes have been too big for too long, they own too much, with that comes excess use of energy."

reply to post by highfreq

Its examples like these that further my opinion that a complete system reset is in order......

What makes you think things would be any different after a reboot?

reply to post by qwerty12345

the only thing the average person owns is debt

Because the average person can't wait until they can afford an item.

Don't blame the banks for loaning money.
Blame the person for borrowing what they can't repay.

Originally posted by samkent

Don't blame the banks for loaning money.
Blame the person for borrowing what they can't repay.

But we'll still blame the banks for packaging up that debt into "Mortgage Backed Securities" and selling the same debt multiple times... fraudulently. We'll also still blame the "Ratings Agencies" who continued to give AAA ratings to that junk, knowing it was worthless, to attract new investors to fleece. Lets also continue to blame the SEC for it's utter failings to prosecute, let alone speak harshly to, a single banking executive!

Lets not then forget all those homeowners illegally foreclosed, and the homes seized by the banks, in order to bolster their asset stock after the Mortgage Backed Securities debacle blew up in their faces. What better way to recapitalize than to seize, en masse, properties, even from those who had little or no bad payment history!

Yep, it's ALL the fault of the borrowers say the banks and their paid off political pals and, as we all know, they are an honest bunch. It must be so as none of them have ever been arrested or spent a day in jail.

reply to post by FortAnthem


Believe my there were always a handful of very powerful individuals whom knew this was on the card and even here in Britain (we have so far avoided the very worst but it is coming and has already hit the poorest) the average wage has fallen annually for 30 years now, if you don't earn, you don't spend so the there is no cycle to drive the economy but the top 2 percent get richer regardless and they also get more powerful which means they are criminals whom have defrauded entire economy's from the secure safety of corporate purchased public office.

As long as we ignore prosecution of the perpetrators of the housing collapse, they will just be rats finding new ships as the old one sinks.

Funny, you'd think with all the NSA spying we would have enough evidence against the bankers with leverage to do something against the industry (insider trading etc.)

But thats what happens when government and corporations are almost indistinguishable due to lobbying, justice and accountability is only for the peons apparently.

reply to post by Britguy

But we'll still blame the banks for packaging up that debt into "Mortgage Backed Securities" and selling the same debt multiple times... fraudulently. We'll also still blame the "Ratings Agencies" who continued to give AAA ratings to that junk, knowing it was worthless, to attract new investors to fleece.

You can blame the banks on lowering the bar to obtain a mortgage but not for buying and selling the packaged securities.
Blame the ratings agencies for lying about the quality of the securities. If I were to go after the guilty I would go after these guys. They wanted to keep a bank comming back to them so they lied about the securities.
If these guys had been honest the money cycle to keep generating new loans would have dried up years earlier.

This is why no one has taken the 'banksters' to task. Get the guy that lied about the AAA ratings.

it's more than just renting houses...

private property, "owning things", capitalism, self-determination... these are all no-no's in the new world.. this is why all the schools are doing the values-clarification retraining, it's all about group-dynamics, etc..

i would've loved to link to some research material but every time i make a youtube account i am disabled within days... this is how they're going to silence us.. unless everyone here is willing to sit through hours of "proper" research material?

please search and view: VIRGIN "the future of renting" (tv commercial) for more insights into this. charlotte iserbyte has some good info on what's going on in the schools..
(EDIT) uploaded to new host > VIDEO FUTURE OF RENTING

..by the time the lid is ready to be placed on the jar.. none of this will matter anyway..

The more one looks into Blackstone's schemes, the more insidious the whole thing becomes. Now, it seems that they are going after the upper middle class, the small business owners and those with a modicum of wealth built up through property management. They are dangling these B2R loans out in front of them in order to get them to overextend themselves, probably in the hopes of destroying this class as well and driving them into the poor house with the rest of us.

Many landlords have been constrained since they’ve deployed all their equity and would have to sell assets to buy more homes, according to Cisterna.

“A lot of our clients are capped between 25 and 100 homes, and with good loans these investors are going to be able to triple their holdings,” he said.

Sell assets to buy assets? Come on, that sounds like capitalism. This is a centrally planned ponzi, so that just won’t work.

Cerberus’s First Key has completed two loans, according to a person familiar with the business started by the New York-based investment firm. The company aims to provide $5 million to $100 million of financing to rental investors — unable to secure credit lines from Wall Street — who’ve also outgrown government-backed mortgage guarantors.

A Lightning War for Liberty

Its the sub-prime mortgage scheme all over again only this time its directed against the small business owners who weren't destroyed in the first sub-prime bubble.

reply to post by highfreq


LOL, do you think earth will ever be free of such people, its nature, if you restart, so will they, read history

reply to post by FortAnthem


One of the main tenet's of communism is no private land ownership.

If you want to get really steamed - look up Diane Fienstien's husband creating a company at the housing bubble burst to buy up foreclosed homes and resell them - making billions of dollars.

Society Strata;

Super Rich: In the pockets of pharma, governments etc. Too rich and corrupt to nudge the apple cart = perceived harmless to governments

Middle Class: Spare cash, spare time, educated = possible threat to governments (learning about things fast, corruption etc)

Working class: too busy chasing tails over money, little spare time, often less educated than middle class, often little inclination to learn about such things as corruption (inspired to keep it trivial, satiated by fast food / sugar / sport / soap operas / reality tv / the colour of blahblahs new skirt / hair / lipstick etc) = perceived as not much of a threat to governments

Lower class: as working class but more stressed about money and less educated = perceived as a non threat to governments

Theory: governments possibly see middle class as a threat

Solution: make them busy over other things like housing and more working class issues

My opinion: governments should stop this now.

reply to post by Britguy


Pretty typical answer. Blaming institutions and not asking about accountability in the borrowers. My wife and in bought a modest house because it felt wrong to go huge. Mortgage paid on time every month for nearly a decade. If we defaulted I would blame us, but that is too hard for some people to do.

"They" didn't need to plan it. It's just the nature of this economic system.

"The rich get richer and the poor get poorer."

The only thing that'll level the playing field at this point is a large scale natural disaster. Something to humble us all.

reply to post by DichroChrono


Nice.. Lets have a huge natural disaster to force is to huddle together? Do you typically prescribe pain and suffering to correct behavior? If you see a group of people doing something you do not approve of do you inflict pain on them to make them stop. Do you "humble" them with despair? Sounds great, lets kick everyone when they are down..