Wall Street's Land Grab: Firms Amass Rental Empire, Ousting Tenants & Threatening New Housing Crisis

The Blackstone Group, a private equity firm, is now the largest owner of single-family rental homes in the country. In one day alone, Blackstone bought up 1,400 houses in Atlanta. And as private equity firms gobble up huge swaths of the housing market, they are partnering with big banks to bundle the mortgages on these rental homes into a new financial product known as "rental-backed securities," reminiscent of the "mortgage-backed securities" that helped cause the last financial crisis. Could this new private equity rental empire help spark the next housing crisis? We are joined by Laura Gottesdiener, author of "A Dream Foreclosed: Black America and the Fight for a Place to Call Home," who calls this wave of purchases "a land grab." Gottesdiener's latest article focuses on New York City's rental market, a case study in what critics call "predatory equity." Large firms have used abusive tactics to oust tenants in a bid to hike up rents -- and tenants have been resisting. We are also joined by Benjamin Warren, who, along with nearly 1,600 families in 42 buildings, is a victim of one of the largest single foreclosures in the city's recent history.

Democracy Now!, is an independent global news hour that airs weekdays on 1,200+ TV and radio stations Monday through Friday. Watch our livestream 8-9am ET at http://www.democracynow.org.
Please consider supporting independent media by making a donation to Democracy Now! today, visit http://owl.li/ruJ5Q.

Rating:
  • Currently 0/5 stars.

Views: 36

Comment

You need to be a member of True Skool Network to add comments!

Join True Skool Network

Best guide to hip hop, soul, reggae concerts & events in San Francisco Bay Area, Los Angeles & New York City + music, videos, radio and more

Subscribe to E-Blast

WIN TICKETS

Shabazz Palaces
Friday, May 1 @ The Chapel, SF

Juvenile
Friday, June 5 @ Fox Theater, Oakland

Khalid
Friday, June 26 @ Greek Theatre, Berkeley

Thee Sacred Souls
Saturday, Aug 15 @ Greek Theatre, Berkeley

Jungle
Wednesday, Oct 7 @ Greek Theatre, Berkeley

Connect

Members

Photos

  • Add Photos
  • View All

Latest Activity

realmuzik posted discussions
10 hours ago
Editor's Pick posted discussions
19 hours ago
Donte Harrison is attending Editor's Pick's event
Thumbnail

Shabazz Palaces (WIN TICKETS) at The Chapel, SF

May 1, 2026 from 9pm to 11:30pm
ENTER TO WIN A PAIR OF TICKETS. WINNER WILL BE DRAWN RANDOMLY AND ANNOUNCED 2 DAYS PRIOR TO EVENT. Friday, May 01, 2026Shabazz PalacesThe Chapel 777 Valencia Street, San Francisco, CADoors: 8:00PM | Show: 9:00PMAll Ages.>> BUY TICKETS…See More
20 hours ago
Editor's Pick posted videos
yesterday
Editor's Pick posted discussions
yesterday
An event by Editor's Pick was featured
Thumbnail

20 Years of Donuts with DJ Dez Andres (Slum Village) at Mad Oak Bar, Oakland

May 3, 2026 from 3pm to 10pm
SUNDAY, MAY 3 20 Years of Donuts withDJ Dez Andres (Slum Village)with DJ heyLove*, Max Kane, DJ Traps, DJ Osé, and SETI-X (MC-Host)@ Mad Oak, 135 12th St., Oakland 3:00PM-10:00PMBUY TICKETS  See More
yesterday
Editor's Pick posted an event
Thumbnail

20 Years of Donuts with DJ Dez Andres (Slum Village) at Mad Oak Bar, Oakland

May 3, 2026 from 3pm to 10pm
SUNDAY, MAY 3 20 Years of Donuts withDJ Dez Andres (Slum Village)with DJ heyLove*, Max Kane, DJ Traps, DJ Osé, and SETI-X (MC-Host)@ Mad Oak, 135 12th St., Oakland 3:00PM-10:00PMBUY TICKETS  See More
yesterday
realmuzik posted a discussion

What Will J.T. Hiskey Perform Opening for Blueface? Here’s Our Prediction

Expect “100 Grand” to shake the room, newer records from The Summer Tape 2 to show up, and maybe a few unreleased cuts designed specifically for these Blueface crowds. Hiskey’s sets tend to move fast and hit hard, balancing party records with rawer street-leaning material. If past shows are a clue, this won’t be a low-key opener.See More
yesterday
TEAM BIGGA RANKIN posted a discussion

New Music From Von Barz titled" All or Nothing"

All or Nothing is a relentless anthem about rising to the top with no excuses, overcoming every obstacle, proving hunger, resilience, and determination to define success.Click Here to Stream/Add to Spotify Playlists…See More
Tuesday
UrbanElite PR posted a blog post

New Audio & Video - Tone Chop & Frost Gamble "Gawdbrovas Connect" ft Grea8gawd

Just ahead of the release of their new album 'Beautiful Foundations' on May 15th, Upstate NY rapper and producer duo Tone Chop & Frost Gamble deliver the fourth single "Gawdbrovas Connect". A celebration of their own partnership stretching over three decades, the album includes those with whom they've built over the years by way of the specially invited guest…See More
Tuesday
Editor's Pick posted discussions
Monday
Editor's Pick shared their discussion on Facebook
Monday

© 2026   Created by Ren the Vinyl Archaeologist.   Powered by

Badges  |  Report an Issue  |  Terms of Service