California’s housing-crisis crackdown includes a stunning new look at just how many homes in your neighborhood are owned by Wall Street companies.
Investment companies started buying up California homes when the foreclosure crisis hit. Now, one company owns so many, a Sacramento man made a map to show the impact.
Ryan Lundquist is a Sacramento real estate analyst and appraiser who found that the Texas-based company Invitation Homes owns 11,000 homes in California and nearly 2,000 in Sacramento…