Atlantic article cites 3 neighborhoods with low ownership in Cleveland/Baltimore as evidence for how PE is making home ownership unobtainable. It doesn't say the median price of a house in those areas is $120-170k. Home ownership isn't low in those areas bc investors are buying up all the houses but bc individuals who have the credit worthiness and financial stability to get a mortgage generally prefer to live in other neighborhoods. The high rental price vs sales price in those neighborhoods is not bc big corporations are making outsized profits. Rents there have higher cap rates bc, relative to more expensive houses, (1) there are more unpaid rents (2) it is difficult and expensive to evict a tenant who is not paying and (3) tenants are more likely to damage the unit. Publicly traded corps that own and rent houses typically own middle class homes, not lower-income.

Do you get more jail time for sending unsolicited offers or setting fires

This how a CBDC get’s started. Everyone moves their deposits to JPM. Who then puts the money in Fed Reserves. Fed then lends out money to small banks that do all of the real Main Street lending. Pretty soon we just cutout JPM with a CBDC.

Last year the FTC started an important investigation into PBMs. It's the first step to reforms to ensure better business practices. HOWEVER, it's vital that any reform does not diminish the negotiating position of PBMs. Benefits should accrue to payors rather than pharma. 8/8