The article argues that big funds buying up single‑family homes, letting them deteriorate, and renting them out tighten supply and lock out would‑be owners—especially younger cohorts. It claims widespread loss of small‑scale ownership erodes the citizen base that historically stabilized democratic societies (from post‑WWII policies to today).
— If financialization of housing weakens the homeowner middle class, housing policy becomes a democracy question, not just a market one.
Joel Kotkin
2025.09.15
100% relevant
Cites that 28% of U.S. single‑family homes were sold to investors in Q1 2022 and highlights Blackstone’s and Lloyds’ expansion into residential portfolios.
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