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Record number of Americans are homeless amid nationwide surge in rent, report finds
(www.cbsnews.com)
this post was submitted on 27 Jan 2024
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You cracked the case!
It wasn't anything like coordinated rent increases from large groups of landlords using a pricing app, it wasn't a worldwide pandemic disrupting the market, it wasn't America keeping housing as an investment vehicle instead of a means of sheltering humans, it wasn't decades of wealthy investors buying housing to convert into rentals.
Nope, all of that complexity can be tossed out the window because one single man is to blame: Joe Biden. All in his first term as president too!
It’s amazing that rentals are going through the roof all around the world, there seems to be different reasons everywhere but the problem is the same. The underlying problem is probably capitalism underscored by neoliberalism which drives laws and policies to support short term, high growth returns.
RealPage needs to be dismantled and entire C-suite jailed. If Wall St isn't scared to death of making price fixing trusts then we are all in very deep shit.
Buh those people take the risks without them there won't be any housing 🤡