Wall Street’s landlord business is turning every rental into a slum

And they’re using public money to do it.

6 min readFeb 8, 2022

A rotting apartment living room; the Wall Street ‘Charging Bull’ statue is in one corner; from one of its horns dangles a sign reading ‘FOR RENT WALL ST.’ Image: Sam valadi (modified) https://www.flickr.com/photos/132084522@N05/17086570218/ Carlos Delgado (modified) https://commons.wikimedia.org/wiki/File:Wall_Street_-_New_York_Stock_Exchange.jpg CC BY 2.0: https://creativecommons.org/licenses/by/2.0/

Shelter is a human right and a necessity for human thriving. The choice to turn speculation on our homes into a path to social mobility inevitably led to the crash of 2008 and 3.7 million US foreclosures.

Wall Street’s landlord business is turning every rental into a slum

And they’re using public money to do it.

Written by Cory Doctorow