Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

General Discussion

(22,425 posts)

13. They've been buying coops, condos, and entire rental buildings.

Thu Aug 20, 2020, 09:25 AM

Aug 2020

However, the foreign investors and private equity firms have not been renting apartments, at least not as tenants. They may be landlords.

Edit history

Please sign in to view edit histories.

0 members have recommended this reply (displayed in chronological order):

13 replies

= new reply since forum marked as read

Highlight:

Manhattan hits 13,000 empty apartments [View all] Demovictory9 Aug 2020 OP

lower rents then right? nt msongs Aug 2020 #1

yep. sf too Demovictory9 Aug 2020 #2

Probably not because of foreign investors and private equity firms Withywindle Aug 2020 #4

They've been buying coops, condos, and entire rental buildings. Sanity Claws Aug 2020 #13

If supply/demand is working, but... Happy Hoosier Aug 2020 #11

The glut of empty apartments has been worsened by the pandemic . . . markpkessinger Aug 2020 #3

+1 Withywindle Aug 2020 #5

I don't know how to tell you this but...healthy cities are dynamic... brooklynite Aug 2020 #9

Trump shoots himself in the foot. SergeStorms Aug 2020 #6

True to a Point... Roy Rolling Aug 2020 #7

+1 North Shore Chicago Aug 2020 #8

Under a bridge in a prison somewhere. Lars39 Aug 2020 #10