Blackstone is now the largest corporate landlord on Earth with over 300,000 homes in the U.S.
Billionaires and corporations have bought millions of homes and either raised rents or left them as empty investments.
There are 16 million vacant houses—28 for every homeless person.
@nonlinear Alt-text: Screenshot of social media post. The text in the screenshot is duplicated in the post itself.
@aral @nonlinear
This reads like a corporate stock buyback scheme, except the stock is literally people's homes
@RnDanger @aral @nonlinear it's the inevitable result of unchecked capitalism: rent-seeking. In this case, literally.