Investor-Owned Rentals Surge, Impacting Homebuyers and Residents

1 min read
Source: The Atlanta Journal Constitution
Investor-Owned Rentals Surge, Impacting Homebuyers and Residents
Photo: The Atlanta Journal Constitution
TL;DR Summary

A U.S. Government Accountability Office report reveals that Atlanta has the highest share of investor-owned single-family rental properties among major U.S. cities, with 25% of the market. The report highlights the significant role of institutional investors in the Sun Belt region, particularly following the 2007-08 financial crisis. Critics argue that such investments contribute to rising rents and home prices, though the report's findings on these impacts are inconclusive. The report calls for further analysis to understand the effects on homeownership and tenant conditions.

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