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There is a housing crisis in America, and though large firms buying up suburban houses isn’t the cause, it may be exacerbating it in ways that are only just now becoming clear…
sources:
Durham’s “COVID Land Grab”: How Real Estate Speculation Makes Our City Less Livable – DataWorks NC
Durham’s “COVID Land Grab”: How Real Estate Speculation Makes Our City Less Livable
https://www.princeton.edu/~wxiong/papers/Speculation.pdf
Housing speculation and its economic consequences | VOX, CEPR Policy Portal
https://voxeu.org/article/housing-speculation-and-its-economic-consequences
Housing Speculators Could Bring on Repeat Crash | by Texas McCombs | Big Ideas | Medium
https://medium.com/texas-mccombs/housing-speculators-could-bring-on-repeat-crash-cb906225115f
Blame Regulation, Not Speculation, for High Housing Prices
https://www.city-journal.org/blame-regulation-not-speculation-for-high-housing-prices
Preparing for the Post-COVID-19 Land Grab
https://nextcity.org/urbanist-news/preparing-for-the-post-covid-19-land-grab
Tech and finance firms buying up homes doesn’t bode well for everyone else – The Washington Post
https://www.washingtonpost.com/outlook/2022/01/04/corporate-landlords-silicon-valley/
When Private Equity Becomes Your Landlord — ProPublica
https://www.propublica.org/article/when-private-equity-becomes-your-landlord
Global investors profited from U.S. rental homes, foreclosure crisis – Washington Post
https://www.washingtonpost.com/business/interactive/2021/investors-rental-foreclosure/?pwapi_token=eyJ0eXAiOiJKV1QiLCJhbGciOiJIUzI1NiJ9.eyJzdWJpZCI6Ijc4NjQ2ODAiLCJyZWFzb24iOiJnaWZ0IiwibmJmIjoxNjM5NTczNTY4LCJpc3MiOiJzdWJzY3JpcHRpb25zIiwiZXhwIjoxNjQwNzgzMTY4LCJpYXQiOjE2Mzk1NzM1NjgsImp0aSI6IjBmNzI3MTMwLTYwYmYtNDUyNy04ZTBhLTA3ODRlMDk2NGQwOSIsInVybCI6Imh0dHBzOi8vd3d3Lndhc2hpbmd0b25wb3N0LmNvbS9idXNpbmVzcy9pbnRlcmFjdGl2ZS8yMDIxL2ludmVzdG9ycy1yZW50YWwtZm9yZWNsb3N1cmUvIn0.VXBjLktDqzQa7NzfoDSIRz8t5tPw42cVjLeAWV_XivE&itid=gfta&itid=lk_inline_manual_17
Investors bought up a record share of homes last year – Washington Post
https://www.washingtonpost.com/business/interactive/2022/housing-market-investors/
The Big Short | Donald Mullen Jr. | Pretium Partners
https://therealdeal.com/2016/10/05/former-goldman-exec-behind-the-big-short-looking-to-raise-1b-to-buy-up-foreclosed-homes/
Capital Gains Tax On Real Estate & Home Sales | Rocket Mortgage
https://www.rocketmortgage.com/learn/capital-gains-home-sale
Rents reach ‘insane’ levels across US with no end in sight | Lifestyles | stltoday.com
https://www.stltoday.com/lifestyles/rents-reach-insane-levels-across-us-with-no-end-in-sight/article_bc0a7784-300c-5394-a7ca-605eb5b9dd7e.html
Goldman Executive Who Made Millions on Housing Bust Now Wants to Make Millions on Housing Un-Bust
https://nymag.com/intelligencer/2012/07/goldman-mortgage-chief-gets-it-both-ways.html
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