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    22 commenti

    1. Automatic-Light8369 on

      taking houses off of the market is not investing

    2. Ethroptur1 on

      Private equity is the cream of the crop of corporatist scum.

    3. They know what’s going to happen, they want to spend their American dollars before the value drops even more . Hopefully the EU will block them buying homes and farmland.

    4. Most_Grocery4388 on

      There should be limits to how many housing units either a company or an individual can own. I don’t know what it is but thousands of units feels like too many.

    5. CaptchaSolvingRobot on

      I’d rather they don’t.

      Housing shouldn’t be an investment asset.

    6. spidernik84 on

      Back then, this would have been called an invasion. Nowadays it’s called “investing”.

    7. buttetfyr12 on

      They did this in Copenhagen and they’ve been complete bastards.

      Luckily they lost a lot of cases made against them (most of them I think) that they’ve set the rent way too high, having to pay back the excessive amount. There are so many examples – too many to mention.

      Absent Intelligence summary:

      >The Danish Parliament’s “Blackstone intervention” aimed to curb Blackstone’s perceived rent speculation in Copenhagen and Frederiksberg. This law, known as the “Blackstone Law,” prevents new landlords from raising rents for five years after acquiring properties and prohibits them from paying tenants to move out, effectively limiting the potential for profit through rapid rent increases. This intervention was a direct response to concerns about Blackstone’s aggressive property acquisitions and rising rents in the area

      >Rent Control Mechanisms:
      The intervention also includes provisions for rent control, ensuring that rents are determined based on the cost of the property and not solely on market value, further limiting Blackstone’s ability to drive up rent

      >Shift in Investment Strategies:
      The Blackstone intervention prompted a shift in Blackstone’s investment strategy in Denmark, moving away from rapid acquisitions and focusing more on longer-term value creation through modernization and managing existing properties rather than solely speculation

    8. warhead71 on

      Investment companies this large should be banned – it’s hard to have an open market with big players with this kind of money and thinking about long time strategies. Their investments and profits often ends up being similar to taxes.

    9. UndeadBBQ on

      Great, even more apartments built and renovated that no one will ever live in.

      Companies owning private property should be illegal.

    10. -The_Blazer- on

      So is this investment as in providing capital to produce *more* things, or “””investment””” as in buying tons of *existing* things so they can better control market prices and extract rent?

    11. Chuck-Finley69 on

      People need places to rent so they’re not burdened with ownership

    12. Stabile_Feldmaus on

      $500 Billion flowing into the European economy is a good thing. Even if they would just buy housing with that money (which is not stated anywhere), it would still mean a net influx of half a trillion dollars into the continent. Whoever owned the housing previously will suddenly have a lot of money to invest here.

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