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Brainfood | 2 years ago

I don’t get into a lot of conspiracy theory scenarios. I also don’t think it’s even much of a conspiracy - when the recession hits and people can’t afford housing they default on mortgages. Corporations buy them and turn back into renters. I’ve seen stats that say that happened to 5% of the population during the last 10-15 years.

Also there’s stuff like this:

Over Two Thirds of All Los Angeles Rentals Are Now Owned by Speculative Investment Vehicles https://knock-la.com/los-angeles-rental-speculation-4022d16a...

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