

Sanders would “risk alienating Americans at this critical moment.” Mr. Buttigieg suggested on Monday that nominating Mr. Hoping to turn New Hampshire into a two-person race, the pair have been slinging fresh insults: Mr. In a primary adjoining her own state, it is Senator Bernie Sanders, another New Englander, and Pete Buttigieg, the former mayor of South Bend, Ind., who are leading in polls. Warren has arrived, almost imperceptibly, at a precarious stage. On the eve of a contest she had hoped to win (and probably will not, according to polls) - one week removed from a caucus she had hoped to win (and certainly did not, according to Iowans) - Ms. “And to the people of New Hampshire!” she amended. Supporters looked back at her, murmuring. Remember, we live in a world where government and banks don't want you to own anything.“It’s up to you, Massachusetts, to decide what to do,” Ms. The company's sale to Pretium shows its aiding and abetting Wall Street to become America's largest landlord.


We doubt Warren will call out Zillow for its shameful actions. foreclosure crisis, arguing that Wall Street's investment in single-family homes was a "huge loss for America's renters." In 2019, Democratic Senator Elizabeth Warren blasted Blackstone for "shamelessly" profiting from the U.S. There's no word yet, if Blackstone - which already is not only America's largest landlord but also the world's largest real estate company with a $325 billion portfolio, will gobble up the rest of Zillow's housing portfolio since its been on a buying spree this summer, purchasing 17,000 homes for $6 billion. Zillow has done a disservice to the American people by bidding up homes with cheap money, helping to stoke a housing affordability crisis that has left many people in no position to own but rather rent.Ī representative from Zillow said, "as we wind down our iBuying operations, we continue to sell homes the way we always have, which includes marketing them on the open market to sell them to all types of buyers such as individuals and families, institutional or individual investors, and nonprofits." The sale to Pretium outlines how Zillow is transferring its portfolio to institutional investors who are on a mission to transform America into a " nation of renters." It plans to write down as much as $569 million in losses and reduce its workforce by a quarter. Zillow's third-quarter results revealed just how terrible its AI-powered house-flipping operation was, with the company taking a $380 million hit. The company will receive market prices and is expected to take a 5-7% loss on these sales. Of that, 9,800 homes it already owns, along with another 8,200 that are in the process of being bought. The digital real-estate company plans to sell a total of 18,000 homes. "At a time when move-in-ready homes are in short supply, we continue to invest in communities and improve access to housing throughout the U.S." "Pretium has long been committed to providing quality housing options for residents. Pretium owns about 70,000 single-family homes and will add the new ones to its expanding portfolio.
