They weren’t joking when they said they want you to own nothing and you’ll be happy about it They want to create a permanent renter class. Almost half of home sales are are to investment firms like Blackrock instead of families. Should this be outlawed? - The Great Awakening

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They weren’t joking when they said they want you to own nothing and you’ll be happy about it They want to create a permanent renter class. Almost half of home sales are are to investment firms like Blackrock instead of families. Should this be outlawed? (www.washingtontimes.com)

posted 213 days ago by Ehjax78 213 days ago by Ehjax78 +91 / -0

44% of flipped single-family home purchases were by private investors in 2023

Private equity firms have been carving out an increasingly substantial share of single-family home purchases, raising concern about the potential consequences for housing affordability and market competitiveness.

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– The3rdKey 7 points 213 days ago +7 / -0

I think it should be outlawed for these corporations to have residential properties in their portfolios. If for no other reason than to prevent them from controlling rental rates. It's become a big enough deal that some states have already taken action.

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