Who Are The Secret Landlords Buying Up Housing?
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FEATURING AARON GLANTZ – Award-winning investigative reporter and author of Homewreckers Aaron Glantz has published a new report in Reveal examining a disturbing trend in housing: how, “America’s cities are being bought up, bit by bit, by anonymous shell companies using piles of cash,” and that, “All-cash transactions have come to account for a quarter of all residential real estate purchases.”
The phenomenon is all the more disturbing because of a housing crisis playing out in cities across the country, leading to epidemic levels of homelessness.
Read his article ‘Unmasking the secret landlords buying up America,’ HERE.
Aaron Glantz, Senior Reporter at Reveal from the Center for Investigative Reporting, two-time Peabody Award winner, finalist for the Pulitzer Prize. His work has appeared in the New York Times, Chicago Tribune, PBS NewsHour and more. His new book is called Homewreckers: How a Gang of Wall Street Kingpins, Hedge Fund Magnates, Crooked Banks, and Vulture Capitalists Suckered Millions Out of Their Homes and Demolished the American Dream.