While we’re debunking that can we debunk the weird leftist conspiracy theories around index fund companies like Blackrock “buying up all the residential homes.”

Yes, the largest index fund company that sells investment products that allow people to invest in indexes (entire markets) is going to defacto be a custodian on holdings across the entire economy, including homes. Operating the funds offered in your 401k doesn’t mean they own the companies that invest in residential real estate. It means you actually do.

If you have a 401k it’s actually you who is in this “secret evil cabal.”