Many of the world’s largest investment firms have launched new funds over the past couple of years aimed at acquiring or building single-family homes to use as rentals. This comes as no surprise considering that the increased cost of buying a home has forced many Americans into being tenants instead of homeowners. Arrived, a young real estate company backed by Amazon.com Inc. founder Jeff Bezos, has just announced its entry into the single-family rental fund space. Arrived currently operates a f
Brought to you by unchecked rent-seeking behavior:
https://en.m.wikipedia.org/wiki/Rent-seeking
When the goal is no longer to be productive to earn money but to earn money in whatever way possible.