Timcast IRL · June 10, 2021 · 2h 0m
Timcast IRL #305 - Creepy Firms Push Great Reset, Houses Bought OVER Cost w/Posobiec and FreedomToons
Episode Recap
Timcast IRL Episode 305, titled 'Creepy Firms Push Great Reset, Houses Bought OVER Cost,' aired on June 10, 2021. Host Tim Pool opened the show discussing a major news story about investment firms and pension funds buying up residential houses at massively inflated prices, often 20-50% above asking price, effectively pricing middle-class buyers out of the market. Tim noted the irony of media articles claiming millennials regret buying houses or don't want to own homes while Wall Street firms are actively acquiring properties. The conversation explored whether this represents a 'Great Reset' toward a society where the middle class becomes permanent renters. Co-host Ian Crossland and guest Jack Posobiec (senior editor at Human Events) joined the discussion, with Posobiec referencing his reporting on BlackRock's buying spree. The panel also touched on Anthony Fauci's controversial 'I am science' statement and reports about the Wuhan wet market. Tim mentioned the launch of TimCast's newsroom expansion and their plans for independent fact-checking operations.
TL;DR
- →Tim Pool and co-hosts discuss investment firms like BlackRock buying single-family homes at 20-50% above asking price, pricing out middle-class buyers
- →Guest Jack Posobiec (Human Events senior editor) joins to discuss the Great Reset theory and corporate housing purchases
- →The panel debates the contradiction between media narratives claiming people don't want to own homes while investment firms aggressively buy properties
- →Tim announces plans for TimCast's independent newsroom and fact-checking operation to combat fake news
- →The conversation touches on Anthony Fauci's controversial 'I am science' television appearance
- →Co-hosts Ian Crossland, Seamus, and Lydia participate in the discussion alongside Posobiec
Key Moments
- 0:00Opening and House Market StoryTim Pool opens the show by introducing the main topic of investment firms buying houses above market value
- 31:00Main Discussion - Investment FirmsDeep dive into pension funds, Wall Street, and BlackRock purchasing residential properties
- 51:00Great Reset DebatePanel discusses whether corporate housing purchases represent a systematic transfer of wealth
- 89:00Guest Segment with PosobiecJack Posobiec joins to discuss his reporting on the housing market and Great Reset
- 239:00Fauci and Wuhan DiscussionBrief discussion of Anthony Fauci's 'I am science' comments and Wuhan wet market story
Notable Quotes
“There's this big story that's been going around for a little bit. People have been talking about it for some weeks. It's that houses are becoming impossible to buy.”
— Tim Pool · opening the show
“This just seems kind of odd to me. At the very least, it's going to result in middle class people not owning property, not owning wealth, squandering what little wealth they have inadvertently, and massive Wall Street companies or whatever owning everything.”
— Tim Pool · main discussion on housing crisis
“This should be illegal in all 50 states and punishable by federal prison time.”
— Jack Posobiec · referencing his tweet about corporate housing purchases
“Some people are saying outright, this is just part of the Great Reset. You will own nothing and you will be happy.”
— Tim Pool · discussing the Great Reset theory
“The middle class uses homeownership, land ownership to transfer wealth to their children. But what happens when during a Great Reset... everybody gets knocked out of the playing field?”
— Ian Crossland · analysis of wealth transfer implications