WHY RENT IS SO HIGH EVERYWHERE NATIONWIDE

Institutional investors, including BlackRock, Blackstone, and REITs, have significantly increased their ownership of residential properties, particularly rental units, over the past few decades. This trend has led to higher rental costs, contributing to homelessness and affordability issues. Corporate ownership of rental properties has increased from approximately 2% in the 1990s to 20-25% in 2022, with even higher percentages in some states like Texas. SUBSCRIBE: Rich Vernadeau channel