America's gargantuan new corporate landlords evict the shit out of Americans

The housing recovery has been famously uneven, in every way: for one thing, it's allowed hedge-fund and publicly listed landlords to acquire a greater proportion of America's housing stock than ever, even as mass foreclosures created a new class of desperate tenants who pay rent to these corporate giants, who charge higher rents than ever. Read the rest

American rents reach record levels of unaffordability

A new report from Harvard's Joint Center for Housing Studies finds that America's cities are unaffordable even for renters with incomes of $45,000, making 2014 the record-breaking year for "cost-burdened renters." Read the rest