Wealthy George Soros made millions from the Dutch working-class neighborhood: ‘Vulnerable people are screwed’ | Living

Vivare sold the houses to American multi-billionaire George Soros in 2016. Barely two years later, those same houses were transferred to the successful entrepreneur Ben Mandemakers from Brabant. A lucrative deal: Soros took a profit of more than 83 million euros.

–

Suddenly they have a new landlord, the residents of more than six hundred rental houses in Arnhem and the region. George Soros buys the social rental housing from housing corporation Vivare, which is in urgent need of money. The Hungarian-American multi-billionaire promises to be a good landlord, he wants to keep the houses for at least twenty years. But after just two years everything is different. Monopoly with social rented houses: what does that mean for the residents?

–