this post was submitted on 29 Jul 2025
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Luigi Mangione

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[–] banner80@fedia.io 203 points 4 days ago (43 children)

Just to be clear and without taking sides: Wesley LePatner appears to have been the CEO of the real estate portfolio of rental units. Literally the person most responsible for Blackstone buying up US housing at an alarming rate.

https://www.businessinsider.com/blackstone-real-estate-executive-wesley-lepatner-killed-gunman-345-park-2025-7?op=1

LePatner, 43 years old, was the $1.2 trillion firm's global head of Core+ real estate and CEO of Blackstone Real Estate Income Trust, the company's juggernaut real estate fund for individual investors.

[–] gravitas_deficiency@sh.itjust.works 7 points 3 days ago (2 children)

It may have been an incidental killing, but her loss will not be mourned by the general public, as she and her efforts are actually a direct and major contributor to the housing crisis we now face. The policies that she enacted are overly hostile towards… you know… literally every fucking normal person who aspires to own a house at some point. She materially contributed to the insane housing price bubble that’s somehow still not popping.

[–] Rekorse@sh.itjust.works 2 points 3 days ago* (last edited 3 days ago) (1 children)

Thats because its not hard to pit home owners against those who currently can't afford a home. People who were able take advantage of circumstance in order to purchase a home need to be far more honest about why they are able to have one now.

[–] mad_lentil@lemmy.ca 2 points 3 days ago

Totally. This is a function of 1) greed, but also 2) our lack of social safety net -- which incentivizes us to maximize personal wealth even beyond what we might need, just because without a personal nest egg, there are very few resources you can count on to help you or your family out in emergencies, or during the crashes and other ravages of capitalism.

Or as Thatcher put it: there is no society, there are only individuals and families. That wasn't always true, but it's becoming truer ever financial quarter.

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