25 January 2014

Wall Street’s Frightening New Plan to Become America’s Landlord Featured

Wall Street’s Frightening New Plan to Become America’s Landlord

Anyone who has ever struggled to get her landlord to fix a broken appliance can imagine how much worse it could have been if she were paying rent to a faceless hedge fund based thousands of miles away. That tenant’s nightmare may be on its way to reality for hundreds of thousands of Americans, as Wall Street firms have snapped up 200,000 family houses with the intention of renting them out.

Read the full story at Bill Moyers

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