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As CBS News Atlanta previously reported, more than one in four single-family rental homes in metro Atlanta are owned by large corporate investors — more than 72,000 homes — giving the region one of the highest concentrations of institutional ownership anywhere in the United States.

Housing advocates have argued that those companies can outbid families with cash offers, reducing the number of homes available to first-time buyers while contributing to higher home prices and rents.

Warnock has repeatedly cited those trends in pushing the legislation, saying corporate investors have increasingly treated homes as financial assets instead of places for families to live.

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[-] leadore@lemmy.world 7 points 14 hours ago

Finally! I've watched these fucking companies buy up every house in my neighborhood that came up for sale. IMO when this trend started was when the people's dream of ever owning a home got destroyed. Warnock for President?

[-] Dead_or_Alive@lemmy.world 3 points 10 hours ago* (last edited 10 hours ago)

We’ve had low interest rates propping up the stock market and speculative bubbles for far too long. This is why there has been too much cheap capital chasing returns over the last decade.

It’s a bubble of its own which we are starting to see pop in a number of sectors. (Private Equity firms and banks starting to show signs of strain, zombie businesses going under, AI bubble running out of capital sources and now tapping retail investors, crypto crash, etc.)

However this president is intent on getting us to 0% interest rates which will reverse that progress. Once the asset class can tap into essentially free money all of this progress will be undone.

If PE can get free capital every 7 years and sit on an appreciating asset while making renters pay for it, they will. If PE has to refinance that asset every 7 years at 7% or 8% interest suddenly the math doesn’t work especially in a slumping housing market.

this post was submitted on 13 Jul 2026
1029 points (99.4% liked)

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