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Kakistocracy
Blackstone Prepares A Record $50 Billion To Snap Up Real Estate During The Coming Crash
Blackstone, ready to pounce on crashing prices for distressed properties, is close to finalizing a $30 billion fundraiser to bring its war chest total up to $50 billion that would set a record as the biggest vehicle of its kind. Some of the funds are committed to purchasing real estate in Asia and Europe.

Money

Kakistocracy
Gavin Newsom Plans To Buy All California Real Estate Foreclosures
Matt Aitchison says a new law in California, SB 1079, will result in the State entering the real-estate-foreclosed home business, which essentially removes competition from investors, and could ultimately socialize real estate as a whole. He warns that this policy may spread to other Democrat-run sates.

Money