nygazet.com logo

Here's what happens when private equity buys homes in your neighborhood

Here's what happens when private equity buys homes in your neighborhood
business • 9/9/2025

What makes rents go down and neighborhood diversity go up? Corporate landlords. But they also make it harder to own for yourself.

Daniel Erb became a corporate landlord kind of by accident. It started in 2020, when he received his first bonus as an investment banker. It was more money than he was used to. He wanted to invest in real estate, so he called his cousin, a research a... [12483 chars]