How Private Equity Is Making the Housing Crisis Even Worse
This article was originally published on Common Edge.
via Common Edge
This article was originally published on Common Edge.
America’s housing crisis is a longstanding problem. But recent reports of private hedge funds buying up detached houses and townhouses is likely to make an already difficult situation even worse. When hedge funds purchase such properties, those homes are not likely to come back on the real estate market. They are gone for now—and probably for the long term.
