Neighbors working together to preserve our neighborhoods and beyond.
Filter Blog Posts
The Impact Of Corporate Dominance On The Rental Market
The growing trend of corporate dominance in the rental housing market is causing concern among tenant advocates, local officials, and community members alike. When a single corporate entity controls a significant portion of the rental properties in a town or city, it can have far-reaching effects on housing affordability, community stability, and tenant well-being. The recent situation in San Diego, involving investment giant Blackstone Inc., serves as a stark example of these dynamics at play.
Chapter 40B Comparison Of Density
Steven Venincasa, along with his limited liability corporations in which he holds a controlling stake, possesses 47% of the market share. Should Rice Pond Village receive approval, Steven Venincasa and his numerous LLCs would command 67% of the rental market in Millbury. Such a substantial market control raises concerns. Who sees this as a prudent move? Consider antitrust regulations, market upheavals, and the specter of monopolies in this scenario.