America’s Looming Housing Crisis

Working Americans are being priced out of the housing market, rent is skyrocketing, and investment firms are snatching up all the homes to turn into rental properties. What’s going on here? Why is all this happening, and is there anything we can do to stop it? In this episode, we’ll discuss some of the factors that are contributing to this perfect storm of looming economic disaster, and consider what actions normal Americans can take to ease the suffering of their neighbors and fight back against the predatory status quo.

Citations and Further Reading:

True unemployment rate:
https://www.lisep.org

Charles Koch real estate: https://www.wsj.com/articles/a-koch-brother-is-betting-big-on-distressed-real-estate-11614690003

Daily Poster coverage of Koch investments: https://www.dailyposter.com/koch-funded-eviction-push-while-buying-real-estate-stakes/

SmartRent: https://www.bostonglobe.com/2020/02/11/business/smart-apartments-is-tenants-privacy-rent/

Bloomberg on renting: https://www.bloomberg.com/opinion/articles/2021-06-17/america-should-become-a-nation-of-renters

Wall Street Journal on renting suburbs:
https://www.wsj.com/articles/built-to-rent-suburbs-are-poised-to-spread-across-the-u-s-11623075610?mod=e2tw

Vox on Blackrock not being bad guys:
https://www.vox.com/22524829/wall-street-housing-market-blackrock-bubble

Wall Street Journal on institutional home buyers:
https://www.wsj.com/articles/if-you-sell-a-house-these-days-the-buyer-might-be-a-pension-fund-11617544801

Housing shortage:
https://www.businessinsider.com/housing-market-short-millions-homes-homebuilding-real-estate-nar-report-2021-6
https://www.nar.realtor/political-advocacy/housing-is-critical-infrastructure

America’s Looming Housing Crisis – Second Thought
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