Companies like Tricon in Canada are purchasing tens (soon to be 100,000s) of houses so they can rent them out above market rate. They're coming to the US very soon. Why has the government not stepped up and made this kind of thing highly regulated. Give houses some kind of protected asset status so a few investors don't just own everything and decide the market rate of LIVING for EVERYONE.
Companies like Tricon in Canada are purchasing tens (soon to be 100,000s) of houses so they can rent them out above market rate. They're coming to the US very soon.
Why has the government not stepped up and made this kind of thing highly regulated. Give houses some kind of protected asset status so a few investors don't just own everything and decide the market rate of LIVING for EVERYONE.