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An HN snapshot: 5. Investors Bought a Quarter of US Homes Sold Last Year (pewtrusts.org) 18 points by ParksNet 13 minutes ago | flag | hide | discuss
by debacle 4y ago
An HN snapshot:
5. Investors Bought a Quarter of US Homes Sold Last Year (pewtrusts.org)
18 points by ParksNet 13 minutes ago | flag | hide | discuss
6. Why Is Rent Skyrocketing? (thehustle.co)
15 points by paulpauper 28 minutes ago | flag | hide | 29 comments
This is going to hit low income retirees very, very hard.
- steve_adams_86 4y agoHere in Canada I'm hearing plenty about this already. In Victoria, BC, a lot of retirees are living here and dealing with price increases for home insurance, services like water/electricity/garbage/recycling, property taxes, food, etc. and it sounds like many are being pushed to the brink of homelessness. I suppose there is no shortage of wealthy retirees here, but those just scraping by aren't uncommon either.