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In the U.S., there are 82 million single-family homes, with 19 million being single-family rentals. Among these rentals, 3% are owned by groups with over 1,000 properties, 3% by groups/persons with 100-999 properties, and 16% by other groups/persons. The issue of investment firms owning a majority of housing in America is raising concerns among experts and the public, with some calling for regulations to prevent corporate dominance in the housing market.
The Biggest Landlords of Single-Family Rental Houses and Multifamily Apartments: Who Owns the US Housing Stock? 80% of single-family rentals are mom-and-pop; mega-landlords own just 3%. But mega-landlords dominate multifamily rentals https://t.co/oYkiE6K6H7
We need to immediately pass some regulation regarding corporate ownership of housing or we risk the blackrocks of the world entirely replacing mom and pop REITs
I’m extremely dubious that investment firms owning a majority of housing in America. "We are back into corporations owning the majority of housing talk again." 😭 The amount of capital these firms have to own the majority % of 144,000,000 total units! Wow, who knew! https://t.co/tZBGtN7Y1O
