Corporations Own 9% of US Residential Land

Corporations now own approximately nine percent of residential land in the U.S., with some areas like St. Louis and Franklin, Ohio, seeing much higher figures. This trend is raising concerns as housing prices soar and renters struggle. A new report, Who Owns America: Mapping Corporate Ownership of Residential Land, reveals these statistics and suggests solutions like rental registries and homeownership programs to address the issue.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.