Economic Impact | Episode 54 | Interview with Dr. Ken Chilton on Big Corporations and Housing

An interview with Dr. Ken Chilton of Tennessee State University on his research into how large real estate firms and financial corporations, sometimes known as private equity firms, are buying up residential housing in different metro area markets throughout the US. Many of these homes are being resold to upscale buyers or rented out to those of a middle income class. Louisville falls into a category where most are rented due to certain characteristics that make Louisville different from cities such as Nashville or Atlanta. In many cities, large corporations can own a substantial portion of the local housing stock.