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The secret reason you can’t afford a home
More Perfect Union investigated and found the largest home builders in America are building homes and selling them directly to Wall Street and Private Equity Firms to turn them into rentals
Entire communities you can’t even bid on, they’re sold directly to private equity firms
Investigation finds the builders are also controlling the supply by intentionally building less homes
They say the only solution is to
- Ban Wall Street from owning single-family homes
- Give better loans for small builders to increase competition
- Force builders to focus on building (not mortgages, land hoarding, or landlord roles)
- Restore policies prioritizing community ownership and stake in society, bring back Americans being able to own homes
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