/biz/ - Business & Finance

>>2134462
The sad part is less people are becoming homeowners now more than ever, and remaining renters for life.
This robs people of owning an appreciating asset (real estate), and hands the landlord keys to wall street and banks.

People's household budgets are covering housing expenses now more than ever, while food and apparel expenses fall in relation.

>Wall Street as Landlord: Blackstone Going Public with a $10 Billion Bet on Foreclosed Homes
>http://archive.is/kIjV1

>Blackstone Begins: The Formation Story Of The World's Largest Landlord
>https://www.bisnow.com/national/news/commercial-real-estate/blackstone-begins-the-formation-story-of-the-worlds-largest-landlord-60537

>How America Spends Money: 100 Years in the Life of the Family Budget
>https://www.theatlantic.com/business/archive/2012/04/how-america-spends-money-100-years-in-the-life-of-the-family-budget/255475/