GA “state laws make it easy for corporate landlords to maximize profits, shirk maintenance responsibilities and evict tenants”
Classic bargaining “holdup problem” writ large. Sounds like large PE firms are also doing regulatory arb, picking states with weak oversight.
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“They go after every listing under $500,000 … it’s like clockwork.”
Metro Atlanta is ground zero for an investor takeover of the American Dream.
Buyers can’t compete with the flood of cash. Renters are exploited for profit.
Read Part 1 of our series:
ajc.com/american-dream
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