They keep raising prices, stating that it’s due to inflation, but then they keep having record profits.
Meanwhile, the average American can barely afford rent or food nowadays.
What are we to do? Vote? I have been but that doesn’t seem to do much since I’m just voting for a representative that makes the actual decisions.
That’s not what that says at all. What it says is that companies that own 100+ properties make up a 3% of the market. You can have a small-ish company that owns 50+ properties that acquires 10 more, and they won’t make that list.
A wealth mom n’ pop investor that buys up ten houses houses to flip–or to drive up rental prices on other properties they have–would still be private equity.
Look at the overall investor share, it was on a downward trend after the crash, and is only up a little. It’s been mostly consistent for over a decade.