Yes, this has been going on for a while. From 2013: Wall Street played a central role in the last housing boom by supplying easy — and, in retrospect, risky —

Yes, this has been going on for a while. From 2013: Wall Street played a central role in the last housing boom by supplying easy — and, in retrospect, risky — mortgage financing. Now, investment companies like the Blackstone Group have swooped in, buying thousands of houses in the same areas where the financial crisis hit hardest. https://dealbook.nytimes.com/2013/06/03/behind-the-rise-in-house-prices-wall-street-buyers/?hp https://dealbook.nytimes.com/2013/06/03/behind-the-rise-in-h...