Impact of Philly’s Corporate Investors on Renters and Homebuyers
Originally Published 2 months ago — by WHYY
A report reveals that corporate investors bought a quarter of Philadelphia's single-family homes from 2017 to 2022, mainly in Black and Hispanic neighborhoods, raising concerns about affordability, displacement, and community stability, while also highlighting some positive impacts like property upgrades. The study calls for policy changes to increase transparency and protect residents from negative effects of investment activities.