Duh. 94 million Americans (almost) not in the labor force.
Waves of illegals.
What could possibly go wrong?
Investors need more illegal aliens to move into neighborhoods and destroy the properties and raise chickens and ignore city codes and zoning.
When the illegal aliens abandon the homes during the next crash, they will leave behind more cats than you can count so they can all have kittens in my backyard.
Thank you big investors.
They’ve made housing so expensive for most of middle America it’s become obscene. I could care less if these fat corps choke on their housing profits. It would be most appropriate IMO.
So Blackstone is putting their homes into a new company (Invitation Homes) and doing an IPO when the time is right, eh?
You won’t see me going anywhere near that IPO. Classic case of dumping the garbage onto the uninformed masses, if you ask me.
Capitalists like these are the reason so many of our fellow citizens seem ready to vote for Bernie Sanders.