Democratic presidential candidate Robert Kennedy Jr. says BlackRock is robbing Americans of the ability to buy homes. He explained how investment firms are buying homes with all cash offers and outselling the average American buyer. Then they rent these houses to people at high prices.

Robert Kennedy Jr.: “Homebuyers’ monthly mortgage payments have increased 20 percent in the last year alone, and that’s because interest rates have doubled. Meanwhile, the average cost of housing has gone from $250,000 to $400,000 since 2019 alone. And those higher home prices have also driven up the cost of rent. So Americans now pay a third of their income on rent. That’s the highest proportion since records were kept.”

I will see:

Black Rock + State Street + Vanguard are robbing Americans of home ownership. I have a plan to stop them and start a real estate boom for everyone. #Kennedy24 pic.twitter.com/qfUfW4KM6c

— Robert F. Kennedy Jr (@RobertKennedyJr) September 3, 2023

Robert Kennedy Jr. he went on to explain that these investment firms like BlackRock, State Street and Vanguard own 88 percent of the S&P 500. They get into real estate with their access to massive amounts of capital and make cash offers on houses. This means they will usually outbid the average buyer. This is in addition to his large portfolio of investments. They then rent these properties to individuals and families at the highest prices that are acceptable to the market.

Recently, Blackrock has been at the center of controversy with an exhibition of James O’Keefe, which had exposed the corruption inside the company regarding the purchase of politicians. Gateway previously reported:

James O’Keefe and O’Keefe Media Group recently released their biggest story yet.

OMG posted footage of BlackRock recruiter Serge Varlay spilling the beans on the company’s global impact.

BlackRock is one of the largest ($20 trillion under management) and most powerful (and dangerous) asset and investment managers in the world.

Serge Varlay said BlackRock doesn’t want to be in the news and they don’t want people talking about them.

“It’s not who the president is, it’s who controls the president’s portfolio,” BlackRock recruiter Serge Varlay told an undercover reporter.

Serge Varlay said that all financial institutions (hedge funds, BlackRock, banks) buy politicians and US senators are the cheapest.

“These guys run the world,” Varlay said.