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

quote:

---

I have seen multiple articles now about developers building entire neighborhoods and only renting every house in the neighborhood.

---

It's not much different than all the apartment complexes which have gone up down Burbank from Lee to help house all of the LSU students. When\If TOPS ever shuts down, all of those will become Section 8 within a couple of years.

Renters generally take less care of the property than owners. As those neighborhoods degrade, the property owning corporations owning so much of the neighborhood will turn it Section 8 faster than it would have turned with individual property owners.

At that point it's going to take more investment by the corporations to manage and maintain those neighborhoods as an increase in poverty often accompanies an increase in crime (including property damage).