Comment on Grandma is on her own

disguy_ovahea@lemmy.world ⁨8⁩ ⁨hours⁩ ago

Grandma is not the problem. It’s the ~800 billionaires in the US controlling sizable portions of single-family residences through private equity, artificially controlling market prices for maximum profit per sale. Blackstone alone owns 300,000 residences.

Fun Fact: There are 16 million vacant homes nationwide. That’s 28 vacant homes for every unhoused person.

ips-dc.org/report-billionaire-blowback-on-housing…

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