this post was submitted on 02 Aug 2024
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NEW: Wall Street is buying up neighborhoods across the U.S. (lemmy.world)
submitted 6 months ago by jimmydoreisalefty to c/onlytwitter
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@MorePerfectUS

NEW: Wall Street is buying up neighborhoods across the U.S.

In 2022, big investors bought more than 1 in 4 single family homes sold nationwide.

It’s wrecking the housing market, driving up rents, and making it nearly impossible for working people to afford to buy a home.

[Video, link below]

Direct video link: https://video.twimg.com/amplify_video/1819048734145261568/vid/avc1/1920x1080/YZGA8M7Ha5-wlFFB.mp4

Source: https://x.com/MorePerfectUS/status/1819051342280729083

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