residential property should not be able to be bought by corporations, there is no benefit in allowing that to happen at all
It’s sure beneficial for the rich fucks behind these companies. Everyone else gets fucked.
Then pray tell, how is private equity purchasing homes benefiting everyone else?
so, you think the reason that the homeless people don’t live in these homes is because… they wouldn’t be able to pay rich people money if they did?
how high do you have to be to make the statement “look I would love to not freeze to death, but only if I get to pay half my income to Amazon” seem reasonable?
Hol up. Lolololol.
Are you saying that the rich fucks who are buying up housing stock will make them accessible to the houseless population of America?
The reason those houses are vacant is because companies bought them and are now pricing them out of the reach of most consumers
If there are 15 million vacant homes now, then a company made up of wealthy investors buying up heaps of them at the current inflated prices isn’t going to change anything. Those houses won’t become living spaces for poor and homeless people - they’ll sit vacant until someone comes along who’s willing to pay the exorbitant rent.
It’s been bought by them for a long time now.
https://www.statista.com/statistics/603416/leading-apartment-owners-in-the-us-by-units-owned/
They used to just buy your mortgages, then they started cutting out the middle man.