• NutWrench@lemmy.ml
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    2 months ago

    The Market includes companies like Blackstone, who scoop up houses at auction, lightly flip them and then put them back on the market as high-priced rentals.

    • Wogi@lemmy.world
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      2 months ago

      Don’t forget the part where if it requires too much work in the short term, they slap a coat of paint on it and sell it again.