249/250. We Built This City on Authenticity (ft. David A. Banks)
This Machine Kills
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The Rise and Fall of the Black Stones
The destruction of capital is actually really good for capital. Black Stone went around and said, well, we got a lot of liquid capital laying around that we sure as hell ain't investing in the normal places we would. And now there's all these cheap homes that are just ready to be bought. But then if you can compare that with also their massive consolidation of other types of dwelling, so like university dorms, other more temporary and transient shelters to go back to Holy Mountain. Their consolidation is massive, but is also far outside of the usual suspects of like major metropolitan urban centers where they invest their capital.
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