Wall Street is buying up family homes. The rent checks are too juicy to ignore

Posted by edward on Monday August 02, 2021 @12:45PM
from the lite.cnn.com dept.

http://lite.cnn.com/en/article/h_f613fef87adc1033f43b8d4145c11fcb

( 5 comments | 7 points | on HN )

Re:Wall Street is buying up family homes. The rent checks ar... by nunez on Monday August 02, 2021 @07:25PM (#28043989)

As someone who doesn't want to deal with home ownership and invests excess capital into equities, what's wrong with more homes being available for rent?

[ Parent | on HN ]

Re:Wall Street is buying up family homes. The rent checks ar... by G79 on Monday August 02, 2021 @02:37PM (#28040835)

Wall Street and the likes of these corporate mafia types should have been left to collapse in 2008, instead of being bailed out by taxpayers.

[ Parent | on HN ]

Re:Wall Street is buying up family homes. The rent checks ar... by desktopninja on Monday August 02, 2021 @01:25PM (#28039699)

This should not be allowed to happen. Housing should not be corporate run. How can an individual compete with a corporation in the market?

[ Parent | on HN ]

Re:Wall Street is buying up family homes. The rent checks ar... by nyx on Monday August 02, 2021 @01:29PM (#28039766)

Most of the laissez-faire fundamentalists I'm in contact with have been fairly silent on this issue. I'd honestly be interested to hear someone rationalize how it would be a good thing if everyone had to rent everything from BlackRock for the rest of their lives.

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Re:Wall Street is buying up family homes. The rent checks ar... by anthony_d on Monday August 02, 2021 @04:17PM (#28042066)

I'm certainly not going to argue that forcing everyone to rent would be good in any way. Sounds terrible.

I just want to point out: there is nothing about this article indicating forced rent is likely to happen anytime in our or our children's life time, if ever. This article is just scare mongering in the same vein as those death panels of Obama.

[ Parent | on HN ]