Nevada Families Can't Compete With Wall Street

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NEVADA - This week, Battle Born Bytes is taking on one of the biggest drivers of Nevada's housing crisis: corporate landlords.

The latest episode examines how Wall Street-backed investment firms and large corporate landlords have purchased thousands of Nevada homes over the last decade, transforming single-family housing from a place to live into a financial asset.

Nearly 40 percent of Nevadans rent their homes, one of the highest rates in the country. Meanwhile, large companies continue acquiring housing stock in both Southern and Northern Nevada. Working families just can't compete when attempting to buy homes of their own.

The episode explores how corporate ownership has expanded across Nevada, highlighting the growing role of hedge funds, real estate investment trusts, and institutional investors in the state's housing market.

The full episode is available on YouTube.

Daniel Howat, Creative Lead with Battle Born Progress, issued the following statement:

"More and more Nevada families are discovering they're not competing against another family when they try to buy a home. They're competing against Wall Street. When corporations can buy hundreds or thousands of homes at a time, ordinary Nevadans are ten steps back before the bidding even begins."

ABOUT Battle Born Bytes: Battle Born Bytes is a digital media series produced by Battle Born Progress focused on breaking down complex political, economic, and policy issues affecting Nevadans through accessible, research-driven video explainers. 

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About Battle Born Progress: Battle Born Progress, through strategic communication efforts, empowers, engages and mobilizes Nevada voters to build a state where everyone has a fair opportunity to succeed. We support, engage, and mobilize the progressive community through bold leadership, strategic communications, accountability, and education. We are on the cutting edge of new media and are the go-to source for progressive issues and advocacy for traditional media.