Tagged: housing

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Why Wall Street Is Buying So Many U.S. Homes

Why Wall Street Is Buying So Many U.S. Homes Some Washington D.C. lawmakers want to limit Wall Street’s role in the housing market. In recent years, a small but mighty group of corporations bought hundreds of thousands of homes in sunbelt-region suburbs. These homes are traditionally a crucial investment for American families. But rising home…

51

Why Rent In NYC Is Out Of Control Right Now

Why Rent In NYC Is Out Of Control Right Now Rents in New York City are at an all-time high. The median asking rent in Manhattan reached $4,100 in June 2022. CNBC Make It spoke to three New Yorkers whose rents increased up to $2,100 a month. But are New Yorkers willing to pay up?…