The Washington Post, March 31, 2022, Corporate landlords are gobbling up U.S. suburbs. These homeowners are fighting back.
The rise of investor purchases has spawned complaints that the companies, flush with Wall Street money, are pricing out first-time home buyers and renting to tenants who have not been properly screened. In Potters Glen, one house owned by Invitation Homes, a $24 billion company created by a Wall Street firm, drew several reports of illegal drugs and gunfire, according to police reports and neighbors.
Facing the influx, Hamilton started asking: “Can’t we stop them?”
The answer, it turns out, appears to be yes.