Durlston Partners wooed employees with the promise of fast cash, epic parties, and an unbeatable culture. Some people who worked there say its CEO, Vax Bahram, also created a culture of fear, made racist and sexist comments, and potentially violated UK pension requirements.
A rising video star, June Jiuxing Xie was fired in October after she clashed with her bosses and backed out of a TV project.
Institutional investors have earmarked as much as $110 billion to buy or build single-family homes. Most have dramatically slowed down their purchases in recent months due to interest-rate hikes. But investors' strong appetite for rental homes could radically reshape housing in the coming years.
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