Many of the world’s largest investment firms have launched new funds over the past couple of years aimed at acquiring or building single-family homes to use as rentals. This comes as no surprise considering that the increased cost of buying a home has forced many Americans into being tenants instead of homeowners. Arrived, a young real estate company backed by Amazon.com Inc. founder Jeff Bezos, has just announced its entry into the single-family rental fund space. Arrived currently operates a f
The issue is that corporations have 80-90%+ of the money.
Expensive housing is a benefit for them, it’s not a drawback. It’s only a drawback for people that want to be free and actually own their own place.