aresef OP t1_iubezdu wrote
Reply to comment by Ph0ton_1n_a_F0xho1e in Outside investors are buying up homes in Baltimore’s low-income and Black neighborhoods by aresef
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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