https://mobile.twitter.com/APhilosophae/status/1402440093072343043
Twitter link to a thread detailing investment groups buying up homes well above market value at an astounding rate to turn them into single family rentals. Other than being a sign that those “in the know” are parking their wealth far away from the stock market into tangible assets, it’ll turn the majority of the middle class into nothing more than modern sharecroppers, giving their little bit of income back to those they work for, never building any wealth.
Twitter link to a thread detailing investment groups buying up homes well above market value at an astounding rate to turn them into single family rentals. Other than being a sign that those “in the know” are parking their wealth far away from the stock market into tangible assets, it’ll turn the majority of the middle class into nothing more than modern sharecroppers, giving their little bit of income back to those they work for, never building any wealth.