Wed Aug 30, 2023 – 10:02 am EDT
(NewsBusters) — Robert F. Kennedy Jr. laid into three massive corporations for pushing a key element of the American Dream out of reach for many American families.
During an August 27 interview with Newsmax host Eric Bolling, presidential candidate RFK Jr. went after the ESG-friendly giants for making it more difficult and expensive for Americans and families to own a home. “These three giant companies, BlackRock, State Street, and Vanguard, they own 88 percent of the S&P 500, there’s something wrong with that,” he said. “And they’ve now targeted single-family homes, so [that’s] the reason you’re seeing these homes go off the charts in price.”
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After naming the predatory behemoths, RFK Jr. broke down how it happens. “So many people that you know and I know have had the experience that they’re about to put an offer in on the home or they put one in, somebody who swoops in with a cash offer and takes it away from them and they try to figure out who it is and it’s an LLC,” the Democrat presidential candidate added.
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