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How private equity is changing housing

(www.theatlantic.com)
115 points harambae | 7 comments | 09 Dec 25 17:26 UTC | HN request time: 1.189s | source | bottom
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vondur ◴[09 Dec 25 18:40 UTC] No.46208742[source]▶
I just watched a video from Dave Ramsey title "What the Government Should Do to Fix the Housing Problem" He specifically calls out Institutional Investors and Foreign Corporations that have been purchasing single family housing and converting them into rental properties. I think he makes some good point in his video: https://youtu.be/_CrgniwSLLM
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1. HarryHirsch ◴[09 Dec 25 19:33 UTC] No.46209464[source]▶
Why would someone listen to Dave Ramsey of all people? He is neither an economist, nor a Christian, he has nothing to contribute to the subject!

His shtick is real estate investment, of course he wants to see Joe Public buy a starter home. The trouble is: real estate as a government-guaranteed investment vehicle is what brought us the housing affordability crisis.

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2. pavel_lishin ◴[09 Dec 25 20:02 UTC] No.46209866[source]▶
> nor a Christian

... what bearing does that have on anything?

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3. vondur ◴[09 Dec 25 20:03 UTC] No.46209889[source]▶
His "schtick" is having people pay down and reduce debt. What's noteworthy on this video is that he's calling for the government to fix the problem. He's normally anti-government involvement in business. This should speak to the severity of the problem when someone like him is calling for the government to step in a fix it.
4. c-linkage ◴[09 Dec 25 20:23 UTC] No.46210125[source]▶
Only the right kind of people can hear that dog whistle.
5. carlosjobim ◴[09 Dec 25 21:22 UTC] No.46210845[source]▶
Dave Ramsey, commonly described as "Christian finance guru", who had a show on the "Christian Broadcasting Network".
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6. HarryHirsch ◴[10 Dec 25 01:40 UTC] No.46213066{3}[source]▶
... pitching his books and preaching the Prosperity Gospel, which is antithetical to mainstream Christianity and not good financial advice.
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7. carlosjobim ◴[10 Dec 25 03:57 UTC] No.46213922{4}[source]▶
Yes, just explaining to the other commenter who didn't understand the relevance of Christianity in your previous comment.