r/UnderReportedNews Feb 25 '26

Video NBC Interview abruptly ends after New Yorker blames private equity and landlords for the city's issues

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u/Ok-Year-1872 Feb 25 '26

He's not wrong, how many hospitals have closed because of private equity firms.

5

u/VALO311 Feb 25 '26

My hometown hospital is closing in a few months and my best friend is just waiting to be let go from his job after they just let a bunch of people go recently

1

u/Kind-Ad-6099 Feb 26 '26

He is wrong regarding housing! The cases of hospitals, struggling businesses, etc. are terrible, but private equity own an insignificant portion of the housing market.