Over the past week, the American political scene has done the unthinkable: It actually paid attention to the forces shaping our housing markets. Apparently spurred by a viral tweet that caught the eye of hillbilly elegist and would-be senator from Ohio J.D. Vance, political conservatives and liberals alike have been gripped with anger about Blackrock, the world’s biggest asset manager, “buying every single family house they can find,” distorting prices, and locking out families.

The topic trended on Twitter for the better part of a week, as liberals and conservatives and those in between bantered, mostly about how the development reinforced their prior thinking about housing markets. Vance decided that the left wouldn’t care about Blackrock’s antics because of its commitments to “‘racial audits’ and other diversity BS.” Tucker Carlson committed a segment to how Wall Street speculation was singularly…

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