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altair222@beehaw.orgM to USA | United states of America@lemmy.ca · 2 years ago

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

www.nbcsandiego.com

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

www.nbcsandiego.com

altair222@beehaw.orgM to USA | United states of America@lemmy.ca · 2 years ago
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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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