Chapter
The Impact of BlackRock on the Housing Market
57:12 - 1:05:09 (07:57)
The discussion centers around the impact of BlackRock, a global investment management corporation, on the housing market and how the corporation's practices are making it more difficult for families to buy homes despite low mortgage rates, creating a potential societal upheaval.
Clips
The long-term interest rate and inflation play important roles in the growth of high-tech companies and investment.
57:12 - 59:46 (02:34)
Summary
The long-term interest rate and inflation play important roles in the growth of high-tech companies and investment. The uncertainty around market fluctuations and lack of available capital has made home builders hesitant to move forward with new projects.
ChapterThe Impact of BlackRock on the Housing Market
EpisodeE35: Biogen's controversial Alzheimer's drug approval, the billionaire space race, real estate, Bitcoin & more
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
The narrative of populist left and right is evolving against the major hedge funds buying huge stocks of housing in the US, leading to skyrocketing prices and blocking first-time homebuyers.
59:46 - 1:01:39 (01:52)
Summary
The narrative of populist left and right is evolving against the major hedge funds buying huge stocks of housing in the US, leading to skyrocketing prices and blocking first-time homebuyers. California recently proposed a policy to pay for first-time homebuyers' housing, causing a reaction on both sides of the political spectrum.
ChapterThe Impact of BlackRock on the Housing Market
EpisodeE35: Biogen's controversial Alzheimer's drug approval, the billionaire space race, real estate, Bitcoin & more
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
The lack of affordable housing can potentially create a massive societal upheaval, forcing people to move to other states, and exacerbate inequality by locking people out of home ownership, which is the preponderance of wealth creation for average Americans.
1:01:39 - 1:05:09 (03:29)
Summary
The lack of affordable housing can potentially create a massive societal upheaval, forcing people to move to other states, and exacerbate inequality by locking people out of home ownership, which is the preponderance of wealth creation for average Americans.