Episode 1354 • • 2:31:55 - 2:34:28
1354: FAQs 4 Hacks
BlackRock Housing Buys and Automotive Resin Shortages
Reports indicate that investment firm BlackRock is purchasing single-family homes at 20% above asking price, effectively pricing out individual buyers. In the automotive sector, a shortage of plastic resins—largely sourced from Taiwan and Japan—is causing production shutdowns at BMW and Ford plants. These supply chain issues are expected to contribute to rising inflation figures, which are projected to exceed 4.2%.