The Rise of Corporate Landlords in the U.S.

A recent report from CNBC discusses the rise of corporate landlords in America and how some in Congress want to limit their influence in the single-family housing market. Lobbyists for the industry say the proposals from Washington would worsen the U.S. housing supply. Meanwhile, CNBC claims Wall Street firms have profited from higher than average rent hikes while leveraging government-backed financing and tax credits. It’s an interesting take on the current situation with Blackstone & Pretium. Continue reading HERE...