When Private Equity Becomes Your Landlord in the US
Amid a national housing crisis, giant private equity firms have been buying up apartment buildings en masse to squeeze them for profit, with the help of government-backed Freddie Mac.
Stay updated with breaking news from Daniel Cooper. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Amid a national housing crisis, giant private equity firms have been buying up apartment buildings en masse to squeeze them for profit, with the help of government-backed Freddie Mac.
And much of the private equity gobble-up of the housing market is helped by government-backed Freddie Mac.
Amid a national housing crisis, giant private equity firms have been buying up apartment buildings en masse to squeeze them for profit, with the help of government-backed Freddie Mac. Meanwhile, tenants say they’re the ones paying the price.
It's not the prettiest thing to sit on your dashboard, however..
The High Court upholds a decision not to charge a 14-year-old boy after Christopher Kapessa's death.