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Institutional Investors Dominating Housing Market
The chapter delves into the effects of institutional investors, like Blackstone, acquiring a large share of homes with cash deals, impacting rental income and affordability for regular individuals. It discusses the concerns around these investors manipulating markets, raising rent prices, and the need for regulatory solutions to prevent their dominance. Additionally, the narrative shifts to the failed 'just walk out' grocery store technology by Amazon, revealing the necessity of human intervention and the implications of automation on traditional service sector jobs.