The majority of landlords are “mom and pop” or the majority of units are owned by “mom and pop”? That’s an important difference.
Example: 5 corporations own 95% of units but 5% of units are owned by 500 different “mom and pops”. This would result in the majority of landlords being “mom and pop” but the majority of units and the largest share of control over pricing would still lie with corporate owners.
The majority of units are owned by individual “mom and pop” landlords. I’ve seen estimates of corporate landlord ownership of the market as low as 15%.
I’m against Blackrock owning homes but they exacerbated the problem, not create it.
The majority of landlords are “mom and pop” or the majority of units are owned by “mom and pop”? That’s an important difference.
Example: 5 corporations own 95% of units but 5% of units are owned by 500 different “mom and pops”. This would result in the majority of landlords being “mom and pop” but the majority of units and the largest share of control over pricing would still lie with corporate owners.
The majority of units are owned by individual “mom and pop” landlords. I’ve seen estimates of corporate landlord ownership of the market as low as 15%.
I’m against Blackrock owning homes but they exacerbated the problem, not create it.