Interpreted Prediction
Private equity firms are exploiting government programs like Freddie Mac's workforce housing initiative and office-to-residential conversion tax breaks to acquire distressed properties, renovate them, and increase rents, prioritizing luxury units over affordable housing.
AI Evaluation Notes
Based on search results, private equity firms are indeed utilizing government programs to acquire and renovate properties, often focusing on higher-end renovations, although the direct impact on affordable housing specifically requires further localized investigation. The prediction aligns with the general trend of private equity involvement in housing and the potential for prioritizing luxury units over affordable options.