No, BlackRock isn’t buying up all the houses

No, BlackRock isn’t buying up all the houses


While Congress remains shut down, the people have been left to fend for themselves, which is really nothing new; it’s been some time since the U.S. government actually solved issues Americans care about. Though the stock market continues to soar, many other economic signs continue to point towards a recession, and an increasing number of people are finding it harder and harder to pay their bills. One area in which they can’t cut back is housing, and that’s a fact that’s hitting Americans in their prime (namely millennials and Generation Z) particularly hard.

According to a new report, the U.S. housing market has reached its most unaffordable point in history. Around 58.6% of Gen Z is considered rent-burdened, and almost half of the millennial population still does

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