3 ms·
I don’t get into a lot of conspiracy theory scenarios. I also don’t think it’s even much of a conspiracy - when the recession hits and people can’t afford housi
by Brainfood 3y ago
I don’t get into a lot of conspiracy theory scenarios. I also don’t think it’s even much of a conspiracy - when the recession hits and people can’t afford housing they default on mortgages. Corporations buy them and turn back into renters. I’ve seen stats that say that happened to 5% of the population during the last 10-15 years.
Also there’s stuff like this:
Over Two Thirds of All Los Angeles Rentals Are Now Owned by Speculative Investment Vehicles
https://knock-la.com/los-angeles-rental-speculation-4022d16a0d28/ https://knock-la.com/los-angeles-rental-speculation-4022d16a...