1 in 3 single-family houses sold in the Georgia last year were bought by investors — not families. And many became rental properties. In an analysis by Stateline and CoreLogic data, the COVID era trend occurred as investors could offer cash in bidding wars for property. That led all too many landlords to oust those paying less rent or just hike rents on others. Cities and counties are looking to protect renters rights, so look for this to be a topic for the 2023 General Assembly. Georgia should be promoting housing and reining in short-term rentals in places where they are perceived as drying up normally residential areas. DRIFTING…

Login

Lost your password?