Rising rent and home values, as seen with a house on our street now renting for $3,000 and valued at $410,000 compared to its original price of $180,000 over 12 years ago, highlight the sharp increase in housing costs.
Big corporations buying most available houses for investment and creating communities of rental homes show how these investment practices significantly drive housing cost increases and directly impact affordability.
As a result, many people cannot afford housing even with full-time jobs. This demonstrates that current trends in corporatized housing are having a direct impact on American society. If these trends persist, the US will likely see significant social and economic changes, similar to historical periods where housing challenges drove major societal shifts.
