In this investigative report, based on the work by Epoch Times, we uncover the unsettling reality of how the dream of owning a single-family home is under siege, with ultra-wealthy investment firms like BlackRock gobbling up properties at an alarming rate. The American Dream of homeownership, once a key to entering the middle class, is slipping away for many as Wall Street giants control the market, driving up prices and rents. What’s worse, this trend shows no signs of slowing down, with experts predicting that institutional owners could own up to 40% of rental homes by 2030, further eroding the chances for regular Americans to own a home.
From the Sunbelt states to the fast-rising markets in the United States, Wall Street behemoths hold monopolistic power over rents and prices, causing a rental crisis for many. While some states are attempting to address the issue with legislation, the fight against powerful and unaccountable corporate landlords like Blackstone remains an uphill battle. The time has come to protect the American way of life and reclaim homeownership from the clutches of Wall Street. Let’s make homeownership in America great again and ensure that the dream is accessible to all, not just the ultra-wealthy few.
Read the full article by James Gorrie via The Epoch Times
#WallStreetAssault #CorporateLandlords #HomeownershipMatters #ProtectTheDream #MakeAmericaHomeAgain #BlackRock #WallStreet #Economy #Business
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