cross-posted from: https://discuss.online/post/42571735

As CBS News Atlanta previously reported, more than one in four single-family rental homes in metro Atlanta are owned by large corporate investors — more than 72,000 homes — giving the region one of the highest concentrations of institutional ownership anywhere in the United States.

Housing advocates have argued that those companies can outbid families with cash offers, reducing the number of homes available to first-time buyers while contributing to higher home prices and rents.

Warnock has repeatedly cited those trends in pushing the legislation, saying corporate investors have increasingly treated homes as financial assets instead of places for families to live.

  • Snot Flickerman@lemmy.blahaj.zone
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    6 hours ago

    Now do fucking apartment complexes so we can get back to local ownership, thanks. If I have to fucking rent, can we at least not have it be these faceless corporations that you can only communicate with via their website and not a fucking human.