Legonatic@lemmy.worldtoUplifting News@lemmy.world•Sen. Warnock's ban on private equity firms buying single-family homes becomes federal lawEnglish
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1 day agoAn important distinction here is that BlackRock is not a PE firm. They are an asset management company. Now, that’s not to say they’re not in the business of buying up homes, just that they’re not PE. Blackstone is the PE firm which has been buying up single family homes. They’re different companies. Both evil though.
Kathy Hochul is a flawed politician, but this is definitely the right move.