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  • thejevans@lemmy.ml
    ·
    edit-2
    8 months ago

    Just a heads-up: There is not an actual source that shows that private equity purchased 44% of single-family homes in 2023, let alone that Blackstone did. This all seems to be coming from this Medium article misunderstanding or misrepresenting the linked cnbc article (EDIT: and others) the source for the 44% number, which is not, in fact the cnbc article. That was my bad.

      • thejevans@lemmy.ml
        ·
        edit-2
        8 months ago

        EDIT: Not the CNBC article, but the source for the 44% number, I don't know why I conflated the two in my head.

        Sure. First, here is the non-paywalled version of the article: https://archive.is/dYiTl

        Second, here is a succinct explanation of the problem with the 44% number they state: https://medium.com/@TheDebunker/the-article-is-a-disturbing-fraud-78faeebe2836