The 45-minute video above, “Monopoly — Follow the Money,” provides a comprehensive overview of who really owns the world. As it turns out, the vast majority of the world’s assets are owned by just two investment firms — BlackRock and the Vanguard Group.
Combined, they have ownership in nearly 90% of all S&P 500 firms,1 and through their investment holdings they secretly wield monopoly control over all industries. In short, the idea that there is competition in the marketplace is a clever illusion.
By now you may be familiar with the World Economic Forum slogan, “By 2030, you will own nothing.” To that end, BlackRock and other investment firms are currently buying up every single-family home they can find, making cash offers of 20% to 50% above-asking price.2
Depending on where you live, you may have noticed that homes are selling within hours of being listed, making house hunting nearly impossible. Home buyers in my home state of Florida are certainly experiencing this phenomenon.
Investment firms are also buying up entire neighborhoods. As just one example, a 124-home neighborhood in Conroe, Texas, was bought for $32 million — 20% above listing — by Fundrise LLC, a real estate crowdfunding company, which then turned around and made all the homes into single-family rentals (SFRs).