re: 3 corporations now own 19,000 metro Atlanta homes

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I have seen multiple articles now about developers building entire neighborhoods and only renting every house in the neighborhood. I’m talking large neighborhoods and every single house in the whole area is only for rent. That’s not a good sign at all

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Housing corporations are learning the same essential business model of grocery stores that accept Food Stamps, if the government is going to come in and pay all or a portion of some one’s bills, why not cash in on the gravy train. There is money to be made and since the government is oblivious to the costs. The housing companies control the rent rates, making them even more money, regardless if it is Joe Blow working 2 jobs to afford a 3,500 dollar a month town house, or a welfare queen paying 350 dollars a month for a bigger townhouse while her section 8 voucher pays the rest of her 4,000 dollars a month rent.