Many of the world’s largest investment firms have launched new funds over the past couple of years aimed at acquiring or building single-family homes to use as rentals. This comes as no surprise considering that the increased cost of buying a home has forced many Americans into being tenants instead of homeowners. Arrived, a young real estate company backed by Amazon.com Inc. founder Jeff Bezos, has just announced its entry into the single-family rental fund space. Arrived currently operates a f
    • Aleric@lemmy.world
      101·
      1 year ago

      So far they actually have nothing to say beyond “nuh uh you’re wrong”, which is effectively nothing at all. I’ve asked them to explain, we’ll see what we get.

    • fosforus@sopuli.xyz
      112·
      1 year ago

      Are you saying that the rich fucks who are buying up housing stock will make them accessible to the houseless population of America?

      No, that’s not what I’m saying.

        • prole@sh.itjust.worksEnglish
          1·
          1 year ago

          They don’t know. Look at their comment above, the book they recommended to everyone was “the basics of economics” or something.

          I really hope it’s a troll, because holy shit the narcissism it takes to read an Econ 100 level (if even that) book, and think you’re an expert on the subject. Wild.