How the demand by corporations and individuals to turn single-family homes into rental units is pushing up home prices, making it more difficult for first-time homebuyers to purchase a house. 

In this episode you'll learn:

• Why the United Nations is accusing certain countries and corporations of treating housing as a tradable financial commodity rather than a human right.
• Why Blackstone believes it is helping to solve the housing crisis by buying and renting single family homes and that the United Nations is wrong in its accusations.
• How the drive by corporations and individuals to own rental housing is pushing up home prices, but not necessarily rents.
• Why the U.S. has a chronic affordable housing shortage and what can be done about it.

Thanks to Vistaprint and WIX for sponsoring the episode.

For show notes and more information on this episode click here.

• [0:17] The concern of the U.N. with houses being treated as a commodity vs. a right. 
• [2:27] The rise of rent-backed securities and the debated role of Blackstone. 
• [8:20] The impact of single institutions on the national rent average. 
• [9:59] House flipping vs. renting. 
• [11:34] Buying a home to rent through a company. 
• [12:56] David’s personal experience with being outbid on a house. 
• [14:25] Why financialization is driving up home prices—not rent. 
• [19:48] The housing crisis for those with low income. 
• [22:53] Possible solutions for the rental housing crisis.

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