Get short URL Stephen Schwarzman of Blackstone Group © Reuters / Gary He (inset: © Reuters) Predatory private equity firms buying up neighborhoods only to rent homes at a premium hints at the real meaning of the World Economic Forum’s “sharing economy.” Americans never voted for this, but their leaders are loving it.
Owning a home is no longer feasible for Americans coming of age in the 21st century, according to Bloomberg columnist Karl Smith, who smugly suggested in an op-ed that they stop worrying about whether they can afford a house, ignore the asset-stripping investment vultures, and just embrace […]
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