An illustration of homes on a conveyor belt going through a machine and coming out as golden homes. Green dollar bills are coming out of the homes. This illustrates the financialization of housing.

Under the Lens

Homes or Cash Cows?

Nowadays housing is treated more as an instrument for financial gain than a place for shelter. How has this way of thinking changed the market? In this series we explore what people mean when they talk about the “financialization” of housing, some of its causes and effects, and what housing advocates are trying to do about it.

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A pair of "Groucho Marx" glasses resting on a raspberry-colored table.
From the Field

Land Owned by LLCs More Likely to Be Vacant

NYC’s land speculators use LLCs to evade legal responsibility while sitting on vacant property.

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