east
Screwed up... till tha casket drops!!
lmao, instead of just copying the video title he wasted more time to butcher itFix the damn title
3 corporations own $19,000 Metro Atlanta homes
- Thread starter Skooby
- Start date
dj-method-x
Superstar
Can’t blame the corporations. It’s not like they are stealing these houses. People are willingly selling to them.
Cakebatter
All Star
That sounds like REIT (Real Estate Investment Trust). There are a bunch of them and they have been buying up home en masse. Investors have been buying up roughly 20% of single family homes over the past 3 years. Local municipalities will get crushed in about 10 years if they hold on to these properties, as they make awful landlords. What's really crazy is any mayor of a medium to small city trying to fight back and these REITs can put them out of office by just donating to their competitor.This mess is happening all over, and brehs were talking me down before, saying it's only like .5% of homes
Black wealth destruction right in front of your eyes. They gonna rent these out then go after the black neighborhoods on a gentrification warpath and there's gonna be a transition like what went down in Compton. Jeff Bezos and (I think Warren Buffet also) was pushing his housing stock plan where people will own percentages of homes as outside investors and get dividends from rent so some of these companies are probably shells involved in that crap as well
This story is just fear mongering for those who were either too broke or stupid to buy a house while interest rates were at all time lows. I bought houses here in the Metro in 2017 and 2020 and corporations didn't have any effect on my being able to buy.
Shut up nikka
we are on a road to neo feudalism.
many would argue we are within its gates
many would argue we are within its gates
"Work harder and be Tony Stark level of genius, and maybe you can live a lifestyle of a mailman 3 generations ago!!!"
Some of these Coli brehs need a fukking sledgehammer to they face on some Shao Khan type shyt
Dipsey Doo
All Star
Less than one percent of homes in Atlanta metro
Trajan
Veteran
Increased rent, minimal/non-existent repairs, minimum amenities...all profits going to shareholders
The Wall Is Undefeated!
Superstar
We're already there. We live in the techno-feudalist age.
Mordith
H.E.N.R.Y.
It’s only going to get worse. Houses are now seen as an investment by corporations with vast resources. They are buying everything.
I know yall hate HOAs but I’m so glad the HOAs in my area have banned corporations from buying homes and have a hard cap on the number of rentals allowed.
I know yall hate HOAs but I’m so glad the HOAs in my area have banned corporations from buying homes and have a hard cap on the number of rentals allowed.
Remedial ass title
