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2 August 2023
Podcast: The Financialization of a Housing Crisis
The days of the “mom-and-pop” landlord are largely behind us. Now, housing units are being snapped up or developed by large corporate entities and private-equity firms. It can be hard to figure out who actually owns a building. Homes being treated like major sources of capital, instead of places for people to live.
Erika Sagert, policy manager for the BC Non-Profit Housing Association, has been trying to identify just how many people are affected by this financialization of housing.