{"id":2530,"date":"2022-07-08T00:16:21","date_gmt":"2022-07-08T00:16:21","guid":{"rendered":"https:\/\/informedintel.com\/account\/eminentdomain\/wp-eminentdomain\/?p=2530"},"modified":"2022-07-08T00:16:21","modified_gmt":"2022-07-08T00:16:21","slug":"cities-vs-real-estate-investors","status":"publish","type":"post","link":"https:\/\/informedintel.com\/account\/eminentdomain\/wp-eminentdomain\/cities-vs-real-estate-investors\/","title":{"rendered":"Cities vs. Real Estate Investors"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">What is happening? Cities are considering ways to stop institutional investors snapping up single family homes. In the 4th Quarter of 2021, &#8220;institutional investors spent approximately $50 billion to buy more than 80,000 homes\u201418.4% of all homes purchased in the U.S. and nearly 75% of them single-family homes.&#8221;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Why is this important? Access to affordable housing is common conversation to both the right and the left. In Atlanta, investors last year bought 32.7% of all homes for sale. &#8220;The number of new single-family homes built as rentals increased by 16% last year, according to the\u00a0<a rel=\"noreferrer noopener\" href=\"https:\/\/eyeonhousing.org\/2022\/02\/single-family-built-for-rent-growth-in-2021\/#:~:text=The%20number%20of%20single%2Dfamily,breaking%20third%20quarter%20for%20production.\" target=\"_blank\">National Association of Home Builders<\/a>.&#8221;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">How will this be important? College Park, GA, a town with 75% of its residents renting homes, turned away building plans for more homes to rent telling the builder that the city isn&#8217;t interested in that. <a rel=\"noreferrer noopener\" href=\"https:\/\/www.cincinnatiport.org\/\" target=\"_blank\">Greater Cincinnati Redevelopment Authority<\/a> issued bonds to buy up homes from institutional investors. Atlanta wants to &#8221;\u00a0<a rel=\"noreferrer noopener\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2022-06-15\/atlanta-s-mayor-calls-for-limits-on-investors-buying-up-homes\" target=\"_blank\">place limits<\/a>\u00a0on how much real estate institutional investors may purchase.&#8221;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"https:\/\/www.route-fifty.com\/infrastructure\/2022\/07\/while-investors-are-snatching-homes-governments-fight-save-properties-residents\/368927\/\">Route Fifty | Governments Begin Pushing Back on Investors Snatching Up Homes<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>What is happening? Cities are considering ways to stop institutional investors snapping up single family homes. In the 4th Quarter of 2021, &#8220;institutional investors spent approximately $50 billion to buy more than 80,000 homes\u201418.4% of all homes purchased in the U.S. and nearly 75% of them single-family homes.&#8221; Why is this important? Access to affordable [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-2530","post","type-post","status-publish","format-standard","hentry","category-uncategorized","entry"],"_links":{"self":[{"href":"https:\/\/informedintel.com\/account\/eminentdomain\/wp-eminentdomain\/wp-json\/wp\/v2\/posts\/2530","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/informedintel.com\/account\/eminentdomain\/wp-eminentdomain\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/informedintel.com\/account\/eminentdomain\/wp-eminentdomain\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/informedintel.com\/account\/eminentdomain\/wp-eminentdomain\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/informedintel.com\/account\/eminentdomain\/wp-eminentdomain\/wp-json\/wp\/v2\/comments?post=2530"}],"version-history":[{"count":1,"href":"https:\/\/informedintel.com\/account\/eminentdomain\/wp-eminentdomain\/wp-json\/wp\/v2\/posts\/2530\/revisions"}],"predecessor-version":[{"id":2531,"href":"https:\/\/informedintel.com\/account\/eminentdomain\/wp-eminentdomain\/wp-json\/wp\/v2\/posts\/2530\/revisions\/2531"}],"wp:attachment":[{"href":"https:\/\/informedintel.com\/account\/eminentdomain\/wp-eminentdomain\/wp-json\/wp\/v2\/media?parent=2530"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/informedintel.com\/account\/eminentdomain\/wp-eminentdomain\/wp-json\/wp\/v2\/categories?post=2530"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/informedintel.com\/account\/eminentdomain\/wp-eminentdomain\/wp-json\/wp\/v2\/tags?post=2530"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}