Financialization
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Blockbusting the Big Boys: Bill Would Ban Hedge Funds from Owning Single-Family Homes
The End Hedge Fund Control of American Homes Act is an ambitious attempt to keep private equity's influence out of single-family homes. If passed, the bill will need ownership transparency to be effective.
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Making Money Over Making Homes
Housing has become less about shelter and more about extracting profit. How has that way of thinking changed the market and what are housing advocates trying to do about it? In our new series—Homes or Cash Cows—Shelterforce explores the financialization of housing.
Real Estate Firms Take Federal Aid, Evict Tenants Anyway
When the pandemic hit, real estate firms gladly took government assistance to keep their businesses afloat as they faced financial hardships. Then they turned around and evicted scores of tenants enduring the same COVID-induced difficulties.
We Told You So: Haphazard Rent Relief Rollout Shows Need for Rent Cancellation
Did we want to bail out corporate landlords or help renters? Because we’re doing the former.