Unveiling the Corporate Landlords Behind Home Rentals in California
Large corporations have quietly bought large collections of homes in California, mostly for use as rental properties, often hidden behind complex networks of shell companies. A Sacramento appraiser has begun to crack the code, revealing more than ten thousand properties in California owned by one company, Invitation Homes. He joins us, with other experts, to discuss the extent of corporate home ownership across the state and its impact on renters, homebuyers, and the real estate market. Guests: Alex Lee, assemblymember, California State Assembly - he represents California’s 24th Assembly…
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