housing crisis
Australia has reacted strongly to news overnight that an Olympic hockey player has been caught trying to purchase cocaine. With the majority of people stunned to learn that the athlete could actually afford the cocaine. ”Mate, aren’t these guys always... Read More ›
Could property investment capital be redirected to offer new solutions to Australia’s housing crises? Why aren’t existing solutions gaining traction? A summary of the PEXA / LongView housing whitepaper, Mobilising Private Capital for New Housing...64% of Americans are living paycheck to paycheck, with one of the main reasons being the high cost of rent and housing, thanks in part to large investors, like Blackstone, buying up homes and leaving them vacant while raising rents.
The post The Truth About Crazy High Rents in the US appeared first on MintPress News.
Investor purchases accounted for 24 percent of all residential real estate sales in Boston in the fourth quarter of 2022. A 10 percent tax on those sales could yield $82 million in revenue.
The post How Investors Accelerate the Affordable Housing Crisis appeared first on scheerpost.com.