NBC News’ Gabe Gutierrez takes us to Atlanta for a closer look at a growing trend large financial firms buying and renting out single-family homes. » Subscribe to NBC News: http://nbcnews.to/SubscribeToNBC
» Watch more NBC video: http://bit.ly/MoreNBCNews
NBC News Digital is a collection of innovative and powerful news brands that deliver compelling, diverse and engaging news stories. NBC News Digital features NBCNews.com, MSNBC.com, TODAY.com, Nightly News, Meet the Press, Dateline, and the existing apps and digital extensions of these respective properties. We deliver the best in breaking news, live video coverage, original journalism and segments from your favorite NBC News Shows.
Connect with NBC News Online!
NBC News App: https://smart.link/5d0cd9df61b80
Breaking News Alerts: https://link.nbcnews.com/join/5cj/breaking-news-signup?cid=sm_npd_nn_yt_bn-clip_190621
Visit NBCNews.Com: http://nbcnews.to/ReadNBC
Find NBC News on Facebook: http://nbcnews.to/LikeNBC
Follow NBC News on Twitter: http://nbcnews.to/FollowNBC
#REITS #RealEstate #HousingMarket
Investment Companies Pricing Out Homebuyers
Mr Burton Schilchter is the best, recommending him to all beginners who wants to recover losses like I did
We bought a place in November and already have $150K in equity. God bless America!
You will own nothing and you will be happy.
This will all come crashing down at some point
It's China the CCP. DONT LET FAKE MSM LIE. THIS IS A UCC1 ISSUE THAT WAS FIXED IN 2012 AND THEY CONTINUE TO BREAK LAW BECAUSE AMERICA IS SLEEPING. KEEP PAYING CHINA AMERICA 🇺🇸
I’m glad this is finally being reported on. This has been happening for to long
Ah yes, the American dream. Owning a home that your paying MUCH more than its actually worth just to be poor the rest of your life.
Little hookers.
BS. This doesn’t happen without zero percent interest rates that punish savers and reward those with leverage and assets. Since George W Bush’s Fed lowered them to “emergency“ levels in 2008 Obama, Trump, and Biden have all been guilty of creating this crisis.
This is horrible
And this is legal.
I hate America
Yeah everyone loves Capitalism until they start losing to bigger and fiercer competition; then they want a little sprinkle of Socialism, smh
And they should not be able to just buy homes they should have to build.. Eat that money up real fast and thats how our economy will actually grow more with the jobs it would create.
People that own homes should not be able to pool or invest in homes to rent out..
Sounds like "you will own nothing and be happy" type of mentality.
THATS MY HOUSE ðŸ§ÂÂâ€ÂÂ♀ï¸ÂÂðŸÂƒâ€ÂÂ♀ï¸ÂÂ
This is sad especially me for example I know I’m no exception but I’m getting priced out of my own area, my home town. I love where I live but can’t afford anything. A home to buy or an apartment to rent.
Eventually diminishing returns will kick in and investors will price themselves out of the market and this practice will die and these investors will all go out of business causing another housing crash. 🤦â€ÂÂ♂ï¸ÂÂ
"You will own nothing and be happy".
There needs to be a limit on the number of rentals in one area
It's all blackrock!
…and if the housing market crashes again wall street will just go back to the politicians and steal directly from the taxpayers to cover any losses.
Tech bro fuedalism ðŸ˜â€Â
Wait until the bubble bursts and these "BIG" companies go bankrupt! It happened before in 07-08' what comes around goes around!!!
How is this ok? This is the mission to keep class systems as they are…. And I’m willing to bet that a lot of the communities they’re buying in are minority areas so that they people can’t afford to buy but have to rent for the rest of their lives…. Equity is far more valuable. I’m so disgusted with this country.
Greed is ruining this country.
I'm thankful my husband and I have our own home. If you can buy a home. Great.
Turning us into china. Most people rent, beacuse it's too much to afford to buy a home. Only the rich/wealthy can
this is why I hate the government it just sucks
Renters don’t do property maintenance. Who’s going to maintain the property? The Wall Street landlords?
If this is true I’m leaving America
Can't realtors say no to those companies? And choose to sell to the individual?
The same Wall Street deep pockets own this Channel
Build relationships with your neighbors so they said it to you. Tax those cocksuckers.
I would sell my house to a family for $20k before I would sell to some investment company for $80k.
Just saying it's the sellers, not the corporation that makes the decision. Greedy people are everywhere.
This might be tolerable if everything else wasn't a rip and a con as well. I'm looking at you, "smart" appliances and vehicles that have chips out the wazoo and break every 10 seconds.
Well, what cam I say?…..It is the law of the market and business. "For some to be happy, others have to cry and suffer" that will never end
This is actually preferable. The wealthy investment class getting fat and consolidating all the wealth. It will be easier to gather all that wealth, when it is all in one place, after we COLLECTIVELY SLAUGHTER THEM.
You will own nothing.
It def should be illegal for investment properties to buy single family homes! Make it illegal!
I would never rent a house, absolutely dumb.