aresef OP t1_iu6wspq wrote
Reply to comment by DeliMcPickles in Outside investors are buying up homes in Baltimore’s low-income and Black neighborhoods by aresef
These investors come in and they jack up rent, jack up home prices. Or they just leave a vacant to rot. Get them the hell out.
Cunninghams_right t1_iu7rrzd wrote
higher ownership rates are ideal, but investment in the city is also a positive. we can't just wave a magic wand and make everything in the city better, the city needs money to solve root causes.
PutVegetable8415 t1_iu895tx wrote
Do you live in the city?
Ph0ton_1n_a_F0xho1e t1_iubesv0 wrote
[citation needed]
aresef OP t1_iubezdu wrote
Ph0ton_1n_a_F0xho1e t1_iubfkty wrote
Neither of those are about Baltimore’s housing which is some of the cheapest in the country lol.
Rent doesn’t go up from people buying vacants in shitty areas and Baltimore doesn’t have a growing population which is why it doesn’t have the housing supply issues that other places have.
Also your second article literally states the opposite:
> Large-scale rental house landlords often are blamed for rent hikes but still represent a tiny portion of single-family homes, said David Howard, director of the National Rental Home Council in Washington, D.C., a trade group representing single-family home landlords.
>“The idea that large, faceless, deep-pocketed out-of-town investors are taking over every housing market and dictating rents is just not true,” Howard said, speaking of what he called a half-dozen companies with tens of thousands of homes nationwide.
🤡🤡🤡🤡
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