Unveiling the Corporate Landlords Behind Home Rentals in California
We'll talk about corporate home ownership across the state and its impact on renters, homebuyers, and the real estate market.
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Show Notes
Large corporations have quietly bought large collections of homes in California, mostly for use as rental properties, often hidden behind complex networks of shell companies. A Sacramento appraiser has begun to crack the code, revealing more than ten thousand properties in California owned by one company, Invitation Homes. He joins us, with other experts, to discuss the extent of corporate home ownership across the state and its impact on renters, homebuyers, and the real estate market.
Guests:
Alex Lee, assemblymember, California State Assembly - he represents California’s 24th Assembly District which includes the Alameda County communities of Fremont, Newark, and Sunol, and the Santa Clara County communities of Milpitas and San Jose
Ryan Lundquist, residential appraiser and housing analyst, Sacramento area
Alana Semuels, economic correspondent, TIME magazine
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