Updated research shows private equity industry owns about 13% of American multi-family housing, with some metro areas reaching nearly 40% PE-owned
  • Triumph@fedia.io
    3·
    2 days ago

    There’s more money to be had buying houses than building them. More capitalists buy houses instead of building them. This makes home prices rise. So more capitalists buy houses instead of building them, prices go up more. Lather, rinse, repeat.