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Private Equity Turned Apartments Into Profit Widgets—Then Tenants Paid the Price

August 31, 2026 By Egberto Willies

Private Equity Turned Apartments Into Profit Widgets—Then Tenants Paid the Price

A deadly Syracuse fire and years of violations expose a larger problem: financialized housing can reward revenue growth while tenants struggle for heat, safety, and repairs.

Filed Under: General Tagged With: Affordable Housing, Apartment Safety, capitalism, corporate greed, Corporate landlords, Economic Justice, Financialized Housing, healthcare reform, Housing Crisis, Housing Inequality, Letitia James, Medicare Advantage, Medicare For All, Nob Hill Apartments, private equity, Private Health Insurance, Rent Crisis, Syracuse, Tenant Rights, Wall Street

Why 135.9 million of the working class are angry. Les Leopold nailed it with one minor exception.

October 7, 2024 By Egberto Willies

Les Leopold nailed why 135.9 million of the working class are angry with one minor exception.

Workers need to know that when a private equity firm buys up the company they work for or a stock buyback is announced, they will likely get kicked in the face. Analysis of a prescient article from @Les_Leopold.

Filed Under: General Tagged With: capitalism, free enterprise, Les Leopold, private equity, Stock Buyback, working class

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