“The crash of 2008 turned a lot of people's homes – their only substantial possessions – into "distressed assets" that were purchased at fire-sale prices by Wall Street investors, who turned around and rented those homes out to people who were now priced out of the housing market at rents that kept them too poor to ever afford a home, under slum conditions that crawled with insects and black mold”

https://pluralistic.net/2024/10/01/housing-is-a-human-right/

Boom! @pluralistic nailing it yet again.