Private Equity’s Grip on Raleigh Housing: What 35% Ownership Means for Renters
Raleigh has earned an unwelcome distinction: it now leads the nation in private equity ownership of rental apartments. According to new research from the Private Equity Stakeholder Project, investment firms control a staggering 35% of all rental units in the Raleigh-Cary metro area—that’s over 41,000 apartments in the hands of Wall Street investors. This isn’t…