The article highlights the plight of older homeowners with mortgages held by vulture funds amidst the ongoing housing crisis. While much attention is given to younger generations struggling with high rents and homeownership, the financial pressures faced by older homeowners—who number around 100,000—are frequently overlooked. These families contend with high-interest rates and limited choices due to the nature of their mortgages, emphasizing the need for a broader consideration of all affected demographics in housing policy discussions.
The current housing crisis seems to prioritize the voice of younger generations, often ignoring the long-standing grievances of older homeowners trapped in mortgages owned by vulture funds.
Many families face unprecedented challenges from vulture fund-owned mortgages, suffering from high interest rates and limited options due to investor ownership.
Collection
[
|
...
]