Study finds Wall Street buying Pittsburgh-area homes pushes young homeowners out

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  • เผยแพร่เมื่อ 29 พ.ค. 2024
  • The report from the University of Pittsburgh says it's time to rein in these institutional buyers.

ความคิดเห็น • 21

  • @susan174
    @susan174 หลายเดือนก่อน +7

    Important information to pursue and make public. We can’t solve homelessness without addressing the way that corporate buyers have been inflating the value of real estate for several decades. Young adults are struggling to afford housing. We need to foster peoples’ ability to build wealth through home ownership. Thank you!

  • @TWLogik
    @TWLogik หลายเดือนก่อน +5

    Families need to get those ones that are in arrears on tax. They are so big they probably won't even miss one house.

    • @garnetrose6162
      @garnetrose6162 หลายเดือนก่อน

      That’s the sleepy way to get a house.

  • @ZamWar
    @ZamWar หลายเดือนก่อน +3

    hope pittsburgh can turn it around

  • @anniehills3580
    @anniehills3580 หลายเดือนก่อน +3

    Call your Senator. Big business are greedy.

  • @user-jf6pz5jx8g
    @user-jf6pz5jx8g หลายเดือนก่อน

    This is no surprise, in 2021 private equity firms owned about 600 million home from coast to coast. And I am sure this number has increased a lot by the year 2024

  • @MedfordHills
    @MedfordHills 16 วันที่ผ่านมา

    Local municipalities need to act now.

  • @niteshades_promise
    @niteshades_promise หลายเดือนก่อน +4

    so only millionaires will own property. "you will own nothing and be happy...or else" there's more vacant homes than homeless in this city. probably nation wide i guess.🍻

  • @draneym2003
    @draneym2003 หลายเดือนก่อน +4

    This is what people voted for...no rules capitalism. Hope you're enjoying it renting from some hedge fund.

    • @garnetrose6162
      @garnetrose6162 หลายเดือนก่อน

      Capitalism is socialism for the super rich

  • @mindfulbynature3418
    @mindfulbynature3418 หลายเดือนก่อน

    Cincinnati too

  • @MedfordHills
    @MedfordHills 16 วันที่ผ่านมา

    Yup. Houses listed for 2 hours and sold to a hedge fund

  • @bess8523
    @bess8523 หลายเดือนก่อน

    😡

  • @Xzy-rv2nu
    @Xzy-rv2nu หลายเดือนก่อน

    City floods

  • @selam5009
    @selam5009 หลายเดือนก่อน

    "You will own nothing, and Be happy" that is where this stems from. Their goal is by 2030, America, No more!

  • @geebee6010
    @geebee6010 หลายเดือนก่อน

    Who would want to live in Monroeville or Penn Hills ?

  • @outdoorsmendeh
    @outdoorsmendeh หลายเดือนก่อน

    This is not the real problem in around Democratic run cities it is the mil rate of property tax due to PSEA hammering property owners in these areas with outlandish taxes. The hedge fund gives tax breaks so this is why you are losing your private homeowners. You taxed the working class out of the market. Pensions need to go away and then with lowered property taxes the working class will move back in and take care of the neighborhoods.

    • @garnetrose6162
      @garnetrose6162 หลายเดือนก่อน

      No one else get Pensions why should they? Give them a 401k