have to feel terror over affording decent food, housing, and medical care.

That a handful of sociopaths are permitted to hold millions of human beings in terror is beyond comprehension and should inspire rage and resolve in every single American to end this corruption.

This is not about supporting or not supporting a single, temporary politician. This is about addressing a system that is gravely corrupt and destroying human lives.

The landlords will have a vested interest in maintaining the value of their investment. If the property or the neighborhood goes down the drain, they will lose substantial money. That is true regardless of who owns the property.

Families are moving in together to avoid these outrageous rents. Multi generational familes are back to living together because of this.

They can salivate all day long, but if they continue to make housing unaffordable, families will adjust and squeeze many people into spaces they CAN afford.

Dream on investors. You are screwing the pooch.

talking about this on one of his shows awhile back.
I understood there to be concern that this is Another Bubble they're creating, only this time it's in this Rental market..
Investors buying up all the foreclosed homes and creating this huge market--to eventually crash...

I hope Thom will address this again...I "grasp the concept" but am not well enuf informed to accurately describe it...

I bought a house just over a year ago and really had a time with what these institutional investors were doing to the market:

1. They look at a price point - in my area $100K - for low cost housing.
2. They buy up everything available at that price point that is livable. The junk is left alone.
3. The offer they make is CASH DEAL, 10 DAY CLOSING. There's not a private person in the market for a home who can counter this as no one working with a bank/mortgage company can offer cash OR a 10 day close.
4. The only thing left on the market in affordable housing are the homes so destroyed they won't pass inspection or have major flaws. They have effectively frozen out family purchases.

The only way I found a home was to go over the investor price point and low ball the offer. I got lucky.

and congrats on your home

The learning curve in derivatives, mortgage Traps etc is something else...we've been Really lucky-never had a mortgage--- several decades ago, sold one and outright bought another....
The whole narrative so long ago to go out and Charge, Charge, Charge-and buy, buy buy--Never "felt right" and on the advice of Our elders who barely survived the Great Depression-we "never went there"..I am so grateful, now, that we followed their damned good advice.