In most places where it began to buy up residential properties, Blackstone faced little opposition from governments or politicians. That is, until it arrived in a small Scandinavian country (Denmark), which, when confronted with the indifferent force of this global real estate company, decided Blackstone had gone too far. “Blackstone was like a boxer walking into a heavy right-hand hook to the jaw,” Curt Liliegreen, a Danish housing economist, told me. “They didn’t see it coming. They picked totally the wrong place.” Read more on