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I have been repeating this for two years. I saw it first hand in Orlando, Florida when in less than six months, funds had purchased most of a low income neighborhood. It is now mostly full of hospital and theme park workers and the rents went from $800 in 2021 to $1600 in 2024.
Why is this legal.
Maybe there were a lot of homeless investors who are finally sheltered?
Governments world wide need to start taxing the hell out of this. One house per person? Okay. two?aybe. Three? 5% of it’s value per year. 4th? 10
Desperately need to pass laws ending this madness