News Summary

• Daniel Erb became a corporate landlord kind of by accident.
• He and his cousin raised money from investors and bought homes in places like Indianapolis.
• They rented them out — presumably to people who wanted a house with a yard but couldn't afford to buy one.
• The response to this development — of Wall Street buying Main Street, or at least some of its cul-de-sacs — has been bipartisan, populist and patriotic condemnation.
• But by providing rentals, they also make neighborhoods more affordable and more diverse.