Blackstone to Spend $1 Billion Offering Tenants Reduced Rents
             
            
              brandonlin
            
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                1 minute read      
              
                      
          
        
        Blackstone Inc. plans to spend $1 billion to acquire rental houses and lease them out at below-market rates, billing the program as a private-sector answer to soaring housing costs.
 
      
      
    
      