Comments by "Babu" (@Babu-kr3cr) on "Private Equity’s Ruthless Takeover Of The Last Affordable Housing In America" video.

CPG&H is a housing corporation that manages housing lotteries for the low income properties across the country. Some are corporately owned. I am wondering what happens when these corporations decide they want all their developments to be upscale. Do they just run out the tenants? I saw one property that was the sole senior housing development in a corporation's portfolio. There were a lot of strange things going on like the clubhouse was locked and dark during the day, the dryer in the apartment was rusted all over the top, and the hot water was very slow to come on. Do they just take these nice developments and cause them to be progressively less nice until people leave? That seems like what they are doing to these mobile home parks leaving them without a pool and then without even clean water to drink.
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