3min chapter

The Intercept Briefing  cover image

Two Fires Tell the Tale of the U.S. Housing Crisis

The Intercept Briefing

CHAPTER

Homelessness Is Not Inevitable

A recent report found that private equity backed firms had been buying up apartment buildings and mass to squeeze them for profit. Back to fredy mac the number of individual owned apartments dropped to forty one % in two and 18 with private equity firms buying up multi family complexes, this led to the consolidation of large shares of rental properties in the hands of a few firms. There's a direct line between the consolidation of hat hands to equity firms and large corporations and the death of homeless people who are on the streets in the dead of winter.

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode