Private Equity Now Owns 1 in 8 Apartment Units, a 50 Percent Increase Since 2021
Private equity’s expansion into housing comes at the same time as Americans are increasingly struggling to afford rent.
Read more...Category Archives: Private equity
Tech Billionaires Accelerate Homelessness Crisis
Palantir co-founder Joe Lonsdale leads charge for police state response that sees him and fellow techno-capitalists profit and gain more control.
Read more...Michael Hudson: US Economy is Based on a Ponzi Scheme
Michael Hudson explains the dangers and costs of Wall Street’s Ponzi schemes.
Read more...Pets Are Expensive and Shelters Are Packed. Advocates Say Mamdani Should Help.
A proposal to fund spay and neuter surgeries plus low-cost vet clinics and pop-up food pantries seeks to keep pets with their families.
Read more...Senate Democrats to Introduce Bill to Limit Private Equity and Big Investor Ownership of Single Family Homes Despite Nearly Zero Impact on Affordabilty
On of Trump affordability ideas, of limits on big investor ownership of single family homes, is moving forward even though it won’t do much.
Read more...Private Equity Is Coming for Your 401(k)
Private equity has its greedy eyes on a huge pot of money: 401(k) funds and their big ecosystem of service providers.
Read more...Moral Means Testing: Utah’s Isolated Homeless “Campus” to Require Education of the Soul Under Trump-Led Push To Divert Attention from Economic Causes of Crisis
Utah aims to produce a model for Trump plan—an isolated “Accountability Campus” where commits will be reformed. Other states and localities are not far behind.
Read more...MAGA Antitrust Is Officially Dead: DOJ Sanctions Price Fixing With Slap on the Wrist Settlement Against Rental Housing Collusion Kingpin RealPage
Private-equity-owned RealPage can still lead national rental housing cartel as it moves to access renters’ financial data and embraces AI decision-making. The company is also suing New York state for violating its speech by attempting to stop its illegal behavior.
Read more...Why Do We Still Have Poverty?
Richard Murphy explains how antisocial neoliberal economics deliberately creates poverty — using fear and insecurity to keep wages low, rents high, and wealth flowing up to the richest.
Read more...Nation’s Largest Landlord Is Encouraged to Break the Law With Measly Fine for Price Fixing Scheme That Kept Rents Artificially High and Worsened Homelessness Crisis
Greystar is penalized 0.002 percent of the $300 billion worth of real estate it manages, and must stop using collusion software—maybe.
Read more...Tom Ferguson and Nick French: Red Tech’s Political Power, Its War on Labor and the Environment
An in-depth talk between political scientist Tom Ferguson and Jacobin’s Nick French about recent big shifts, above all the rise of red tech.
Read more...Tenants Find Strength in Numbers in Fight Against Financialization of Housing
Tenant unions are forming across the country to battle rent hikes, poor living conditions, and the eviction-to-prison pipeline.
Read more...Who’s Profiting off of the Criminalization of Homelessness?
Private equity, for one, which cashes in at nearly every stage of the American homelessness crisis.
Read more...“AI Makes Past Hype Cycles Look Tame”: PitchBook on the Stunning Venture Capital Mania for AI
At these venture capital AI valuations, “exit hurdles become exceptionally large.” That translates into “Look out below!”
Read more...What Does All the Justice Department Sleaze Mean for Your Rental Housing Costs?
The Biden DOJ closed a price- and wage-fixing loophole from the days of Clinton. Is Trump about to reopen it?
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