• fantoozie@midwest.social
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    3 days ago

    Actually the report that came out recently (the one that found institutional real estate investors buying something like 27% of all available homes) made an important note: most of the companies buying these homes are so-called “mom n pop” landlords who own < 5 houses

    So it’s actually corporations AND fucking boomers.

    • Burninator05@lemmy.world
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      3 days ago

      That is an irrelevant statistic. If one big company buys 1000 homes and four small companies each buy 3 then 80% of the companies are small landlords while 98.8% of the homes are owned by a big company.