Add in zoning and NIMBYs and getting anything built is a nightmare.
And zoning laws designed to keep houses expensive.
Then the problem is NOT "Blackrock buying homes".
It's elsewhere.
The problem is that Blackrock is taking advantage of "free money" to get in on this arbitrage while it can, while normal people don't have anywhere close to the same opportunities to take advantage of "free money". Naturally, Banks eat up all land and houses, and then "you will own nothing and be happy", as per WEF.