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.
  • jevans ⁂@lemmy.ml
    1·
    1 year ago

    Just a heads-up: There is not an actual source that shows that private equity purchased 44% of single-family homes in 2023, let alone that Blackstone did. This all seems to be coming from this Medium article misunderstanding or misrepresenting the linked cnbc article.