Ensuring Safe and Affordable Housing Stock Starts with Understanding Who Owns Rental Units [housingmatters.urban.org]
By Fay Walker & Eleanor Noble, Photograph: Christopher Boswell/EyeEm via Getty Images, Housing Matters, September 14, 2022 In late 2021, 15 percent of homes purchased across 40 major metropolitan areas were purchased by investors. Thirty percent of properties purchased by investors in these 40 metro areas across the US were located in neighborhoods where the majority of residents are Black. The increase in institutional investors is sending ripple effects across the housing market,...