Jeff Bezos-Backed Real Estate Company Is Launching A New Fund To Acquire More Single-Family Homes Across The U.S. - eviltoast
Many of the world’s largest investment firms have launched new funds over the past couple of years aimed at acquiring or building single-family homes to use as rentals. This comes as no surprise considering that the increased cost of buying a home has forced many Americans into being tenants instead of homeowners. Arrived, a young real estate company backed by Amazon.com Inc. founder Jeff Bezos, has just announced its entry into the single-family rental fund space. Arrived currently operates a f
  • 7u5k3n@lemmy.world
    6·
    1 year ago

    Got a buddy on that exact same path.

    • Military Contractor
    • Started with “very little” money
    • Bought a rental here a rental there. Has like 10 now
    • Now he “works” for himself (read that as plays games on steam all day) and enjoys his passive income.

    It’s a bunch of shit that he’s not taxed to below fiscal feasibility for his multiple single family homes.

    • just_change_it@lemmy.world
      3·
      1 year ago

      Make it so 50%+ of rent becomes equity and instantly housing becomes accessible to all. Can’t rent without giving ownership to your tenants. Banks would get the lion’s share of the income (it’s their money anyway if you have a mortgage…) and owner occupied properties are still feasible.

      No one’s “value” would disappear either.