Last week, Lloyds Bank announced its plans to become one of the UK’s biggest landlords by buying 50,000 homes over the next four years – roughly equivalent to buying every dwelling in Exeter. The month before, department store chain John Lewis said that it intends to build and rent out 10,000 flats. Academics in the UK have been writing about the small rise in US-style institutional landlordism in the UK for several years now, but this phenomenon seems to have built up a head of steam since the pandemic.

The post Big Business Loves The Housing Crisis appeared first on PopularResistance.Org.

This post was originally published on PopularResistance.Org.