Hard-working British families have slammed ‘Wall Street landlords’ for ‘pricing them out of the housing market’ by buying up new builds to line their pockets.
There was £1.3billion of private investment in British new builds last year and almost two fifths came from American funds.
Furious renters told MailOnline that although they wanted to get on the housing ladder, giant wealth funds were driving up prices and taking away availability.
Meanwhile, housing experts claim that ‘predatory’ investment funds were taking advantage of the housing market that keeps families paying rent for longer.
One American firm buying up British homes is investment company Blackstone, which owns Leaf Living and Sage Homes in the UK.