FEATURING TARA RAGHUVEER - Wall Street firms have, for years, been eagerly buying up single family homes, offering enough cash to snatch them out of the hands of potential mortgage holders and then renting them out to people. To maximize profits, naturally these companies have been raising rents, making housing unaffordable. Advocacy groups around the country have pushed rent control measures, saying it’s the only way to ensure affordable housing. People’s Action has just released a memo countering the standard opposition to rent control and offering concrete examples where it has worked.
This post is for subscribers only
Subscribe now for free to watch the video of this interview (You can upgrade later to a paid membership to unlock exclusive content).
Sign up now
Already have an account? Sign in
