The Housing Market Crisis: Renters vs. Owners

This chapter examines the troubling dynamics of the U.S. housing market, focusing on the rising dominance of private equity firms in residential real estate and its impact on homeownership. It highlights the economic disparities driven by skyrocketing home prices, stagnant wages, and increasing rents, particularly for starter homes. The discussion also addresses the potential job losses due to AI advancements and the broader implications for socioeconomic stability and community integrity.