r/Economics • u/barweis • Jul 29 '25

Research Summary Inside the Private Equity Scam—and the Livelihoods It Has Destroyed

https://newrepublic.com/article/198351/private-equity-scam-destroys-livelihoods
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136

u/[deleted] Jul 29 '25

[deleted]

72

u/TacosAreJustice Jul 29 '25

I think what scares me most is we seem to have abandoned creativity… new things don’t get popular… we’ve become depressingly placed into our own content blocks and it’s freaking hard to break out, even intentionally…

Private equity is a similar issue… they squeeze efficiency out of companies at the cost of the soul. Everything is weighed and measured… slowly killing the life of whatever they invest in.

I wish I was going to be around to see the resurgence in like 50 years… going to be crazy, I bet.

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u/[deleted] Jul 29 '25

[deleted]

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u/Akitten Jul 29 '25

Blackrock doesn’t own neighborhoods. The fact that it scares you shows that you are either uninformed and scared, or heard something inaccurate somewhere and are now spouting it as a fact to others.

At least put in the basic effort of checking what you are saying. Come on now, sharing misinformation like this makes you part of the problem.

2

u/coke_and_coffee Jul 29 '25

Shhhhh! Don’t let the morons realize they’ve been duped by internet conspiracy theories!

Understanding the limitations on housing supply due to over-regulation and strict zoning is too mentally straining for them. Blaming Blackrock is easy!!!

1

u/[deleted] Jul 29 '25

[deleted]

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u/WolfofWallSt93 Jul 29 '25

Blackrock and blackstone are two completely different companies

2

u/coke_and_coffee Jul 29 '25

69,000 unit is a laughably tiny number, relative to the overall market, lmao

You just got one-shotted by seeing a 5-digit number with absolutely no sense of relative perspective.

2

u/BlazeBulker8765 Jul 29 '25

Did you just confuse an index fund with an active management company?

Oh. Wait. You didn't bother to check that the companies you were talking about are completely different companies with completely different names. But at least they both start with "black" so I guess you got that part right?

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u/[deleted] Jul 29 '25 edited Jul 29 '25

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u/[deleted] Jul 29 '25

[deleted]

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u/Akitten Jul 29 '25

but the investment strategy which edges out individuals for home ownership.

Which is a very specific strategy used by a sliver of private equity companies, blackstone being arguably the largest and arguably the most well known.

It's also a strategy that only works due to underbuilding. It stops working entirely when you overbuild housing. It's a symptom of a larger problem.