Same reason private equity buys housing they have no intention of renting.
That's the thing about PE, it destroys everything - it's just rent-seeking. PE is actually the Paperclip Maximizer that these guys say we should fear.
Same reason private equity buys housing they have no intention of renting.
That's the thing about PE, it destroys everything - it's just rent-seeking. PE is actually the Paperclip Maximizer that these guys say we should fear.