101: JP Morgan Chase is buying $1 billion worth of rental homes. America will be a nation of renters.
Episode description
JPMorgan Chase is partnering with Haven Realty Capital buying and developer $1 Billion in rental properties. Their goal is to buy and build “entire communities of new homes,” They are starting with 2,500 homes in three neighborhoods in Atlanta in the next 3 months. The goal is to turn American into a nation of renters. They are partnering with builder to buy homes at a discount.
This is a show for millennial first time home buyers looking to buy their 1st home and build generational wealth through real estate. Real estate is a way to build black wealth and close the wealth gap.
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