Most people know the housing and rental markets are tight and ex

Town Bank - Most people know the housing and rental markets are tight and expensive, yet fail to understand why. There is a trend in the past few years by corporate entities to buy up residential properties and turn them into rentals, thus raising housing and rental prices. This has had the alarming effect of shutting out many first time homebuyers from accumulating the wealth that home ownership brings and transferring it to these corporations. The dirty secret is elites want us to own nothing, and then rent us everything. Homes, cars, entertainment, everything. Who profits? Not you, and that’s a fact!