Many of the world’s largest investment firms have launched new funds over the past couple of years aimed at acquiring or building single-family homes to use as rentals. This comes as no surprise considering that the increased cost of buying a home has forced many Americans into being tenants instead of homeowners. Arrived, a young real estate company backed by Amazon.com Inc. founder Jeff Bezos, has just announced its entry into the single-family rental fund space. Arrived currently operates a f
So is this guy, like, the Devil? Every headline I see with him is like “Emperor Palpatine is buying single family homes” where I just assume it’s for some nefarious purpose that’s gonna benefit his regime and dick over a looooot of people.
He wants quarters for his wage slaves, duh.
Waiting for Amazon to pay their employees in “digiscrip” that they can only use at Amazon-owned businesses.
Pay your rent on your AmazonHousing account.
Buy groceries from AmazonFresh.
Health insurance from AmazonHealth.
Welcome back to the coal mining towns of yore.
we own you
You load sixteen tons, what do you get?
Another day older and deeper in debt
Saint Peter don’t you call me 'cause I can’t go
I owe my soul to the company store
Best case scenario I see, housing market gets worse and more unattainable. Wage slave quarters and company towns could easily be part of that though.
The issue is that corporations have 80-90%+ of the money.
Expensive housing is a benefit for them, it’s not a drawback. It’s only a drawback for people that want to be free and actually own their own place.
Amazon introduces Amazon Residence! For just $999.99 per month (for the first 12 months), enjoy unlimited access to a fully furnished 500 square foot room in a city of your choice. No property fees! No hidden fees! Utilities not included. Options limited. First come, first serve.
It’s getting very I’m Sorry To Bother You up in here.
To become a billionaire requires sociopath levels of compassion.
real talk: it’s stupid to hold cash, you need to buy assets, and assets generate cash flow. catch 22 the rich get richer.
I would take Grand Admiral Thrawn over this guy any day. I think.
Well, he’s a billionaire, so basically yeah.