Fortune: Wall Street’s Impact on Homeownership
February 19, 2024
•
2
min read
![Fortune: Wall Street’s Impact on Homeownership](https://cdn.prod.website-files.com/66148b585a868fb5fa1cb501/6614922a29f243a01854ab2c_66021d2f936e70fb176d1a8d_Fortune_Blog_Wall%2520Street%2520Impact%2520on%2520Homeownership.png)
Fortune used Parcl Labs' data to highlight the influence of institutional ownership within the U.S. housing sector, revealing a concentration of institutional single-family home investments in six key markets: Tampa, Charlotte, Atlanta, Houston, Dallas, and Phoenix. Jason Lewris, co-founder of Parcl Labs, emphasized the uneven distribution across these markets and the significant ownership stakes, particularly in Atlanta, where these firms own 4.4% of single-family homes.