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What Happens When Investment Firms Acquire Trailer Parks?
March 10, 2021/
The financial industry’s pursuit of profits from mobile-home communities is undermining one of the country’s largest sources of affordable housing.
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Wall Street investors pricing Americans out of last bastion of affordable housing – Great Falls mobile home park an example
The trend creates an unusual juxtaposition where some of Wall Street’s largest investment firms, including Apollo Global Management, The Blackstone Group and Brookfield Asset Management, are now landlords to some of America’s poorest residents.
