No worries.
Financialization impacts communities, especially racialized communities, because a part of the financialization business strategy is to find underperforming properties. Oftentimes, these underperforming properties are in historically disinvested communities, which are, oftentimes, racialized and economically disenfranchised communities.
As such—even speaking to the question that was asked by the other member—these particular entities acquire these aging properties because of the fact that they can deliver the most returns on their investments.
Yes, a lot of these properties are desperately in need of investment, but I think one of the things we have to be clear on is that these companies aren't making these investments for free. These come at a cost. In fact, they come at a very high cost for a lot of folks who are either on social assistance or on a fixed income, especially some of our seniors who are receiving fixed income in terms of their pensions. These particular investment strategies have the potential to exacerbate some of the affordability problems in communities.