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What corporation would you want gone COMPELTELY?
(lemmy.world)
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this post was submitted on 30 Apr 2025
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Asklemmy
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Blackstone inc.
Private equity firm. Owns more than $1 trillion in residential properties. It also owns or manages around 250 property developers worldwide
Making it disappear basically solves the world wide unaffordable housing crisis.
All corporations are evil, but this one has a special place in my heart's hell. Blackstone's Invitation Homes robbed me of $3k and ruined my credit for years.
What's an invitation home? Can you elaborate? We want to get a home someday, but I'm not aware of all the nuances yet.
It's a shell corp they use to buy up all the residential housing in cities across the US, and with a nice name like Invitation Homes who would ever guess that they're a multinational conglomerate? As long as you're not renting you should be fine other than the fact that corporate rentals, 'investment properties', and Airbnb have cannibalized the housing market. Good luck.