Fortune: Wall Street’s Impact on Homeownership

February 19, 2024
min read
Fortune: Wall Street’s Impact on Homeownership

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.

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