Across the country, homeowner associations have begun to fight back against corporate investors who are scooping up individual single-family homes and condominium units with the sole intention of using them as rental properties. In recent years, highly funded corporations have been buying thousands of homes in desirable areas and adding them to their growing rental portfolios. This activity has resulted in a lack of affordable housing for homebuyers and a high turnover of renters, resulting in an outcry amongst associations looking to protect their communities. The Biden administration has identified the corporate activity throughout the U.S. as one of the… Read More »
Corporate Investors vs. Individual Owners
published: October 22nd, 2022 by dnash in Association Information, General Information