In housing markets today, the rise of rent-to-buy schemes purports to offer new opportunities for potential homeowners. These schemes portray an apparently promising pathway for the many individuals who cannot qualify for traditional mortgages in Australia's outrageously overpriced market, allowing them to rent a property with the option to purchase it later.
Never thought I'd agree with BlackRock CEO, but he is right about this. Unfortunately for Australia, our government invites BlackRock to fund debt on massive housing projects for mass immigration, in order to combat our democratic population trends, which are a reflection of dwindling quality of life in overpopulated Australia. BlackRock also grabs land under cover of war in Ukraine. So, the BlackRock CEO may say sensible things, but what BlackRock does is another thing.
"Do you think that Blackrock and Vanguard and foreign governments should be our major investors in housing?" asks Senator Bragg of Senator Katy Gallagher. This is a revealing and informative video, especially on the issue of how Labor is trying to attract funding for 'rent-to-build' housing from bad overseas corporations, which will likely create a new level of debt enslavement in Australia
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