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Wall Street’s Rental Bet Brings Quandary Housing Poor

LaTanya Moore-Newsome, a real estate agent with Century 21 in Atlanta, has been calling Wall Street-backed landlords for months on behalf of her low-income clients with government housing vouchers. She said some of the area’s biggest homebuyers in the past two years, including Blackstone Group LP (BX), American Homes 4 Rent and Silver Bay Realty Trust Corp. (SBY), repeatedly told her they had nothing available for tenants who use subsidies under the federal Section 8 assistance plan.

via Wall Street’s Rental Bet Brings Quandary Housing Poor – Bloomberg.

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