Re:In a world of digital nomads, we will all be made homeless
by Animats on Thursday June 21, 2018 @12:05AM
(#17362067)
Why are all houses not owned and rented out by a small group of wealthy entities? Just like every other market, it should trend toward consolidation right?
It's happened. In many small and medium sized cities, there's one dominant landlord.[1] So far, nobody is big enough to do this to a major city. Blackstone may be getting close. "Blackstone is now 'the largest owner of real estate in the world'"[2].
It's happened. In many small and medium sized cities, there's one dominant landlord.[1] So far, nobody is big enough to do this to a major city. Blackstone may be getting close. "Blackstone is now 'the largest owner of real estate in the world'"[2].
[1] https://righttothecity.org/cause/rise-of-the-corporate-landl... [2] http://www.businessinsider.com/blackstone-is-largest-owner-o...