The New York City risk and financial investment management titan BlackRock is among numerous high-powered companies pushing working families out of the housing market and into leasings, therefore denying them of capital and the chance to construct credit and equity.According to a Wall Street Journal report, BlackRock– led by billionaire Laurence Fink– is purchasing entire communities and converting single-family houses into leasings; while in cities like Houston, investors like Fink account for one-quarter of the house purchasers.On “Tucker Carlson Tonight,” Chronicles reporter and associate editor Pedro Gonzalez said that BlackRocks actions are leading 40% of American renters to believe they will never ever have the ability to purchase a house. “Homeownership gives individuals a stake in a society. Its a method to build generational wealth. Its the foundation of the middle-class and part of the American dream,” he said.Meanwhile, “permanent capital,” like that from firms like Finks are “eliminating the dream and offering us a problem of dispossession.”The impetus for companies to mass-purchase real estate is to underwrite pensions and pad their books by surging real estate prices.CLICK HERE TO GET THE FOX NEWS APPBut, Gonzalez warned that these careless actions will only speed up the next real estate bubble to burst– as it did a decade ago.”The same organizations also promote progressive [political] policies like environmental policies that also raise the rate of real estate– and they push for more immigration, like JPMorgan Asset Management,” Gonzalez reported.