Recently banks and investment firms have been buying up whole neighborhoods at above retail price and turning them all into rentals - Kotaku In Action 2 - The Official Gamergate Forum

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Recently banks and investment firms have been buying up whole neighborhoods at above retail price and turning them all into rentals (threadreaderapp.com)

posted 3 years ago by Arkana 3 years ago by Arkana +53 / -0

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– Lurker404 21 points 3 years ago +21 / -0

It's primarily wealth redistribution. Banks can extract much more money from renters than buyers.

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