Wall Street hedge funds and massive private equity firms are currently buying up huge swaths of single-family starter homes across the country, outbidding regular families with all-cash offers.

A closer look

Wall Street hedge funds and massive private equity firms are currently buying up huge swaths of single-family starter homes across the country, outbidding regular families with all-cash offers. They are actively transforming the fundamental American dream of homeownership into a perpetual subscription service where a faceless corporate landlord extracts maximum rent for minimum maintenance. This massive wealth transfer ensures that a generation already drowning in student loan debt will be permanently locked out of building equity. We are rapidly transitioning into a neo-feudal society where a few billionaires own the actual ground we sleep on while we pay them for the privilege of not freezing to death