• quindraco@lemm.ee
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    5 months ago

    But that site indicates not all 17 million are owned by banks.

    Many of the vacant housing units on the market are homes that have been foreclosed and are now owned by banks, according to Business Insider.

    The BI claim corroborates the theory that it’s not 100%:

    A large chunk of the current vacant housing stock is made up of homes that were foreclosed upon, meaning they’re now owned by banks.

    I mean, memes don’t have to be 100% accurate, either. I don’t want to overhype a small distinction. The underlying idea is perfectly sound.