THIS needs to go viral NOW
THIS will be devasting to the entire USA
as it spreads
they are buying up residential homes and raising the rents
so Americans may never own homes
ANONS LOOK WHO IS IN THIS SHIT
YOU know
related to Keith Raniere
related to Clare Bronfman
related to Allison Mack (baby Epstein Island Rachel "Ray" Chandler in training)
related to NXIVM
related to Bronfmans
Stephen Bronfman
Among those who profited from America’s housing crash, according to the documents, was a Cayman Islands trust funded by one of Canada’s most powerful political donors,
Stephen Bronfman, an heir to the billion-dollar Seagram spirits fortune
https://www.breitbart.com/politics/2021/12/22/report-global-investors-gobbling-up-single-family-homes-u-s-pushing-out-first-time-buyers-driving-up-housing-costs/
https://centipedenation.com/analysis-and-reports/the-bronfmans-empire-on-the-rocks/
https://www.timesunion.com/news/article/NXIVM-Clare-Bronfman-posts-100-million-bond-13111699.php
https://www.cnn.com/2020/09/30/us/bronfman-nxivm-sentenced/index.html
PB
I included just a few sniptets that stood out ot me from th article
here are a few keypoints
then go read entire article and make it spread
to every city to stop this now
take it all back
make this illegal
harsh penalties
https://www.breitbart.com/politics/2021/12/22/report-global-investors-gobbling-up-single-family-homes-u-s-pushing-out-first-time-buyers-driving-up-housing-costs/
These ventures are “equity-mining our community — removing generational wealth for an entire demographic of people,” said Mitchell, a Republican elected official. “For the average person starting out wanting to start their family, the choice is no longer: Can I purchase a house? It’s instead: Can I afford to rent a house?”
Under the headline, “Progress Residential reaps big profits from stressed American renters amid national affordability crisis,” the Post articles explains the phenomenon focusing on one suburb in Tennessee.
A map of a neighborhood in La Vergne, Tennessee, shows that an investment venture, Progressive Residential, owns 19 houses in one small suburban neighborhood, including nine in a row on one street. When the houses were built 15 years ago they sold for under $200,000, offering working class families a chance at home ownership.
Pandora Papers show investors profiting from renters while snapping up homes, as tenants complain of rent hikes and shoddy upkeep
Behind Progress Residential is Pretium Partners, a New York-based investment firm whose business plan and investors are documented in the Pandora Papers, a massive database of offshore financial records obtained by the International Consortium of Investigative Journalists (ICIJ) and shared with the Post.
The Post reported on some of what it saw in the documents and also how the company pushing back on its reputation as a wealthy “landlord” of Americans:
The Post reported on some of what it saw in the documents and also how the company pushing back on its reputation as a wealthy “landlord” of Americans:
The plan sought to exploit the 2008 U.S. housing crash, which forced millions of homeowners into foreclosure and left a glut of cheap houses for sale. The financiers’ plan called for buying up tens of thousands of these properties at depressed prices and renting them to families who had lost their homes or, because of tightened lending practices, could no longer qualify for a mortgage.
To raise money for the project, Pretium Partners sent confidential invitations to people wealthy enough to put up at least $2 million. Executives projected annualized returns of 15 to 20 percent, according to a 238-page solicitation to investors in 2012. In total, Pretium Partners raised more than $1 billion, and the resulting real estate venture became Progress Residential. The venture would “capitalize on the severe distress in the residential real estate market in the United States,” according to the pitch memo. The homes would be rented to families “who have been displaced by foreclosure or are otherwise unable to obtain financing despite being able to afford a home purchase.”
Among those who profited from America’s housing crash, according to the documents, was a Cayman Islands trust funded by one of Canada’s most powerful political donors, Stephen Bronfman, an heir to the billion-dollar Seagram spirits fortune. Another was Vikrant Bhargava, who co-founded an online gambling company that debuted on the London Stock Exchange valued at $8.5 billion. Pretium made legal arrangements so such foreign investors would have limited exposure to U.S. taxes, according to tax experts.