Marketplace®

Daily business news and economic stories
Mar 2, 2022

Examining private equity’s growing role in the rental market

A new report from ProPublica dives into the role of private equity in the multifamily rental market. It reveals the growing proportion of private equity-owned apartment buildings as well as how tenants are being affected by changes in ownership. We spoke with ProPublica’s Heather Vogell, the reporter behind the investigation. Susan Schmidt offers insight into today’s market activity.

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As younger, higher earners stay in the rental market longer, it can limit their chances to build wealth and price out lower-income people.
As younger, higher earners stay in the rental market longer, it can limit their chances to build wealth and price out lower-income people.
Justin Sullivan via Getty Images

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