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FREDDIE MAE COUNTER CLOCK: When private equity firms become your landlord: An important part of Freddie Mac’s mission is supporting the creation of affordable housing. But Jim Baker, whose organization, the Private Equity Stakeholder Project, has been tracking private equity’s foray into apartment ownership, said, “To the degree that they are financing purchases by private equity firms that then dramatically raise rents, they are working directly counter to that goal.”
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Date:
Sat, 12 Feb 2022 12:47:49 -0800
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