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How corporate private equity is driving global housing crises

Rent hikes and inaccessible homeownership

How corporate private equity is driving global housing crises
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Daniela Ayoub
18/11/2024 15:00 ‧ 7 months ago | StarsInsider

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Home ownership

Corporate private equity firms, such as Blackstone, BlackRock, and Brookfield, are having a severe impact on the global housing market. Targeting affordable housing units, these companies buy residential properties, charge high rents, and contribute toward making homeownership less accessible. This often results in the displacement of local communities, creating serious challenges for tenants, while these companies continue to profit immensely. 

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