Wall Street-Backed Companies Buying Up Single Family Homes
Real estate investment groups are buying up an increasing share of houses and renting them out – in some cases to families who had dreamed of owning their own homes. According to one report, in January, 33 percent of all homes purchased in the U.S. were bought by investors. One family tells NBC News’ Antonia Hylton that the situation makes it challenging to save up and “get out of the renting game.” Proponents say rental companies are giving those who can’t afford to buy a home the option of living in a traditional house. » Subscribe to NBC News: http://nbcnews.to/SubscribeToNBC » Watch more NBC video: http://bit.ly/MoreNBCNews NBC News Digital is a collection of innovative and powerful news brands that deliver compelling, diverse and engaging news stories. NBC News Digital features NBCNews.com, MSNBC.com, TODAY.com, Nightly News, Meet the Press, Dateline, and the existing apps and digital extensions of these respective properties. We deliver the best in breaking news, live video coverage, original journalism and segments from your favorite NBC News Shows. Connect with NBC News Online! NBC News App: https://smart.link/5d0cd9df61b80 Breaking News Alerts: https://link.nbcnews.com/join/5cj/breaking-news-signup?cid=sm_npd_nn_yt_bn-clip_190621 Visit NBCNews.Com: http://nbcnews.to/ReadNBC Find NBC News on Facebook: http://nbcnews.to/LikeNBC Follow NBC News on Twitter: http://nbcnews.to/FollowNBC #wallstreet #homes #realestate Wall Street-Backed Companies Buying Up Single Family Homes
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