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cm0002@literature.cafe to United States | News & Politics@midwest.social · 11 days ago

Apartment Landlords Have a $2 Trillion Debt Problem That Is Only Getting Worse

www.wsj.com

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Apartment Landlords Have a $2 Trillion Debt Problem That Is Only Getting Worse

www.wsj.com

cm0002@literature.cafe to United States | News & Politics@midwest.social · 11 days ago
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  • Zedstrian@sopuli.xyz
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    11 days ago

    Sounds exactly like leveraged buyouts. Companies shouldn’t be allowed to buy up rental housing in bulk and exploit masses of people as a steady, reliable income stream.

    • village604@adultswim.fan
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      11 days ago

      Companies shouldn’t be able to own residential property period.

  • TacoButtPlug@sh.itjust.works
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    11 days ago

    “Property investors borrowed record sums at historically low rates. As the bill comes due and interest rates rise, ‘the chickens are coming home to roost.’”

  • fruitycoder@sh.itjust.works
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    11 days ago

    I was just hearing some of the newer rentals where I live are staying at 90% unoccupied.

  • brackled@lemmy.world
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    11 days ago

    Could not get past paywall

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