When that cute house on your block is bought for $50,000 or more over the asking price, in cash before it's even listed, this drives up “comps” on the rest of your block. The hedge funds want rental property too, which means a disproportionate impact on low-income populations
Veteran alt-weekly journalist, podcaster, and best-selling travel author. Founding Editor of The Savannahian.
You don't have access to this post on The Savannahian at the moment, but if you upgrade your account you'll be able to see the whole thing, as well as all the other posts in the archive! Subscribing only takes a few seconds and will give you immediate access.
You've successfully subscribed to The Savannahian
Great! Next, complete checkout for full access to The Savannahian
Welcome back! You've successfully signed in.
Unable to sign you in. Please try again.
Success! Your account is fully activated, you now have access to all content.