According to a new report from the American Economic Liberties Project, no metropolitan area in the country has more single-family rental homes owned by publicly traded firms than Atlanta.
The report shows that just three corporations now control almost 20,000 homes in metro Atlanta and, increasingly, homes are being purpose-built as investor-owned rentals, never intended to be sold to individual families.
Laurel Kilgour is research manager at AELP and the paper’s author. In an interview with WABE’s “All Things Considered,” she said Atlanta has become a testing ground for this strategy, with the third most build-to-rent homes under construction in the country.
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