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New Report Claims Blackstone Group is Buying San Diego's Affordable Housing, Hiking Up Rent Prices

www.nbcsandiego.com

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 altair222   ( @altair222@beehaw.org )  United States | News & Politics@midwest.social • 6 months ago
 
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New Report Claims Blackstone Group is Buying San Diego's Affordable Housing, Hiking Up Rent Prices

www.nbcsandiego.com

 altair222   ( @altair222@beehaw.org )  United States | News & Politics@midwest.social • 6 months ago
 

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  • cross-posted to:
  • usa@lemmy.ca
  • usa@lemmy.ml
  • antilandlords@lemmy.ca
The report highlights San Diego County, where Blackstone Group purchased thousands of affordable housing units in 2021. As renters moved out, the company raised rents in some units between 43-64% in two years.
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