Real Estate Investors Purchased $1 Billion Worth Of Atlanta Homes In 2024, Driving Up Prices ( atlantatribune.com )

From the Atlanta Tribune:

Real estate investors are playing a role in driving up home prices in Atlanta. In 2024 alone, investors have bought over $1 billion worth of homes. The metro Atlanta area joined markets in California, Miami, and Phoenix where over $1 billion worth of homes were purchased by investors from January to March, according to a […]

The post Real Estate Investors Purchased $1 Billion Worth Of Atlanta Homes In 2024, Driving Up Prices appeared first on Atlanta Tribune.

Pistcow ,

Here's a thought, no Corp or LLC worth above $5 million revenue can purchase residential housing.

jmht ,

@Pistcow @ATLTribuneNewsBot Or another company

Mystech ,

They'll just make up hundreds of smaller shell companies to hide their activities... oh wait, they're doing that already.

This sort of measure needs to tied to a body with the resources to monitor/investigate and the power to seize properties from violators, for it to have any real ability to deter and change things.

  • All
  • Subscribed
  • Moderated
  • Favorites
  • •
  • random
  • atlantanews@yall.theatl.social
  • test
  • worldmews
  • mews
  • All magazines
    •