• ImADifferentBird@lemmy.blahaj.zone
    link
    fedilink
    English
    arrow-up
    27
    ·
    5 months ago

    Equity firms own 1.6 million homes in the US (both single family and multi family units).

    Just saying, that would get us most of the way there.

    • sudo42@lemmy.world
      link
      fedilink
      English
      arrow-up
      9
      ·
      5 months ago

      What’s to keep Equity firms from buying those 2 million homes? Won’t that just leave us back where we are now?

      Do we think we can build more homes than Equity firms can spend other people’s money on?

    • GBU_28@lemm.ee
      link
      fedilink
      English
      arrow-up
      6
      arrow-down
      1
      ·
      5 months ago

      How many are vacant? Those are the first ones that need to be reallocated.

      (Meaning, I’m not pro equity firm, I’m saying an occupied house is a house that is occupied. These 2mil new houses are for new occupants, not shuffled ones.)

      • elrik@lemmy.world
        link
        fedilink
        English
        arrow-up
        4
        ·
        5 months ago

        I think the key point is ownership. If the house is owned by an equity firm, even if it’s occupied it still counts as a house which could instead be owned by, well, homeowners.