Presidential candidate Robert F. Kennedy Jr. has recently voiced strong concerns about the influence of investment firms in the housing market. In a recent statement during his talk to a crowd at an event on Wednesday at Ember Music Hall, Kennedy drew attention to the practices of major companies like BlackRock, Vanguard, and State Street, which collectively control a significant portion of the market.
Kennedy pointed out instances where potential homebuyers were outbid by cash offers at the last moment, leaving them without a chance to secure their dream home. He attributed this instance to the practices of these investment giants, referring to them as “one huge vehement.”
Robert F. Kennedy Jr. warns about BlackRock
Kennedy mentioned that the three investment firms, BlackRock, Vanguard, and State Street, have interconnections and ownership stakes in each other. Their combined influence extends to approximately 88% of the S&P 500 index. His statement also highlighted their apparent intention to expand their reach and take control of single-family residences across the United States.
In addition to these economic messages, Kennedy has also been vocal about Bitcoin. In a recent tweet, Kennedy referred to Bitcoin as an “exercise and guarantee” of freedom. His assertion aligns with his ongoing emphasis on digital assets within his campaign. This statement is consistent with his previously expressed sentiments on the topic over the past few months.