Rand Paul
๐ค SpeakerAppearances Over Time
Podcast Appearances
And it may be, what if Blackstone does have 10,000 homes?
Maybe they'll do it with a reduced โ you go directly to them by website.
There are entities like this, Buffett, Warren Buffett.
Berkshire Hathaway owns homes as well.
So I don't think it's a brand-new thing, but I would explore it.
I think it's a reaction to think big is bad and that these big players are going to rip us off.
But if it's a free contract, I think more of whether or not I should infringe on your liberty until you can't sell your house to Blackstone.
I think that's me limiting your ability to contract with whoever you want.
The same way with buying apartments, too.
I'm guessing they bought apartments, too, because kids are staying in apartments longer, and the apartment business has been a really good business for like the last...
10 years buying apartments, but corporations own apartments.
The real disaster isn't stuff like that, the marketplace.
The disaster of rent and homes and not having enough places to live in Manhattan, which is very expensive, or New York in general, and I'm positive The Socialist is going to make it worse.
Rent control, what does that mean?
If you're in the middle of Manhattan and you can get an apartment for $300, you're like,
But if I'm the landlord and all the stuff's broken in there and there's holes in the walls, I'm not fixing it for $300 a month.
I need $3,000 a month to keep the place up.
So what happens is the apartments go into ruin and also there's a shortage.
You need money and you need big people with money to build apartment complexes, particularly in New York where you got to tear something down and build something new.