Wall Street has purchased hundreds of thousands of single-family homes since the Great Recession. Here's what that means for rental prices
www.cnbc.com
Corporations backed by private equity groups such as Blackstone and Pretium Partners bought tens of thousands of homes across the U.S. Sun Belt.
  • FemboyStalin [she/her,any]@hexbear.netEnglish
    5·
    8 months ago

    Everyone knows a bunch of people who have become realtors over the past few years. My low effort conspiracy theory is that blackstone and other corporations have also bought real estate companies and are pushing for new people in the game so they have fresh eyes and are less likely to see how fucky it is, and they will have that new “hunger” and be encouraged to not look into the sales.