Unresponsive and irresponsible out-of-state landlords. Rapidly rising rents and declining quality of housing. Modest homes gobbled up by mysterious purchasers paying entirely in cash.
The culprit behind all of these pain points in the affordable housing crisis are often the same: private equity companies.
The private equity business model enables investors to take over companies such as rental properties and quickly restructure them—usually in ways that are harmful to tenants, and ultimately, state & local economies. Their focus is on turning a quick profit for investors regardless of the risks and consequences for our communities.
Attendees will learn:
How private equity works and what other industries it exists in
Indiana's private equity risk level
The types of policies states and municipalities are exploring to fight private equity
The presenters are from the Private Equity Stakeholder Project. Check out their Private Equity State Index rankings. Indiana doesn’t fare too well!