Trump is an extreme narcissist, he’s going to nuke Iran because his ego can’t handle that he’s losing the war and his lies will be exposed.
25th amendment.
John Beilein walked so Dusty May could run.
9 years before Beilein: UofM was 145-135 with 0 tourney appearances
Then came Beilein in 2007:
• 278-150 (most wins at MI)
• 9 NCAA app
• 5 Sweet 16
• 2 Final Fours
• 4 B1G titles
Tonight isn’t possible without John Beilein.
Official birth certificates cost money to replace. Passports cost $165. Naturalization documents cost $550. The SAVE Act turns these fees into hidden taxes on your constitutional right to vote. Republicans are making voting expensive on purpose. #SaveActIsPayToVote
The Pentagon has spent lavishly on luxury food: 6.9M on lobster tail, 2M on Alaskan king crab, 15.1M on ribeye steak, plus 124K on ice cream machines and 139K on doughnuts. Meanwhile, millions of Americans lost SNAP benefits with new restrictions on their food assistance.
Retired 4-Star Navy Admiral and former Navy SEAL William McRaven on Donald Trump: "Through your actions, you have embarrassed us in the eyes of our children, humiliated us on the world stage and, worst of all, divided us as a nation."
RETWEET if you stand with Admiral McRaven!
BlackRock now owns more single-family homes than any landlord in American history. 340,000 houses. Buying 3,000 more every month.
They're not buying them to live in. They're buying them so you can't.
Here's a number that should make you physically uncomfortable. In 2010, institutional investors owned less than 1% of single-family rental homes in the US. Today it's 5%. Sounds small until you realize that's $120 billion in residential real estate controlled by three firms: BlackRock, Blackstone, and Invitation Homes.
They started during the 2008 crash. Millions of Americans lost their homes to foreclosure. Those homes went to auction. BlackRock and its subsidiaries showed up with wire transfers and bought entire neighborhoods in bulk. In some Phoenix zip codes they bought 90% of the foreclosed homes in a single quarter.
Homes that families lost for $80k in 2009 are now rented back to those same families for $2,400/mo.
That's the business model.
Wall Street figured out single-family rentals generate 12-15% annual returns when you combine rental income with property appreciation. Better than the S&P average. With near-zero rates from 2009-2022 they borrowed billions at 2-3% and bought assets appreciating at 8-12%. Free money machine.
And they don't even need prices to go up. They just need you to keep paying rent. When you can't afford a down payment because institutional buyers inflated prices, you rent. From them. The same people who made buying impossible made renting mandatory.
NAR data shows first-time homebuyers fell to 24% of all purchases last year. Lowest in 43 years of tracking. Average first-time buyer age is now 38. In 1981 it was 29. A whole generation priced out and funneled into rental contracts held by Wall Street.
It gets worse. They're expanding into build-to-rent now. Purpose-built neighborhoods where every single home is a rental. Not converted. Designed from the ground up to never be sold. Lennar, second-largest homebuilder in America, sells 20% of its new construction directly to institutional landlords. Houses built for Americans, sold to Wall Street before the foundation is poured.
How to position around this.
You can't beat them. But you can own what they own. Invitation Homes (INVH) is the largest single-family rental REIT. American Homes 4 Rent (AMH) is number two. When institutional landlords raise rents 8%/yr and vacancy rates sit at 2%, these companies print. If the trend disgusts you, at least profit from it.
For builders feeding the machine: D.R. Horton and Lennar. They sell to institutions at full price with zero marketing cost. Guaranteed bulk buyers for inventory. Sweet deal if you're a shareholder. Dystopian if you're a 32-year-old trying to buy your first house.
And if you believe the political backlash eventually restricts institutional buying (Oregon and Minnesota have already proposed legislation), homebuilders focused on individual buyers in affordable price ranges stand to benefit most.
i track institutional real estate acquisitions and rental REIT positioning through tradevision. the numbers are accelerating. blackrock's home-buying subsidiary just raised another $4 billion for 2026 acquisitions. they're not slowing down.
(wall street crashed the housing market in 2008. then they bought the houses. now they rent them back to the people who lost them. nobody went to prison for any of it. interesting times.)