Last year, the Nowak Metro Finance Lab, Reinvestment Fund, and Accelerator for America published a report: Investor Home Purchases and the Rising Threat to Owners and Renters. The Lab’s report highlighted the disconcerting trends of investors large and small buying up residential properties, changing neighborhoods, and harming homeowners, homebuyers, and tenants. In Philadelphia, Jacksonville, and Richmond — which was the scope of the study’s data collection efforts — the results indicated that investors were most active in distressed neighborhoods: areas with low mortgage lending, low-incomes, and disproportionately large non-white populations.
Metrics
26 File views/ downloads
29 Record Views
Details
Title
"We Buy Houses": You Lose Out
Creators
Benjamin J Preis - Drexel University, Lindy Institute for Urban Innovation
Bruce J Katz - Drexel University, Lindy Institute for Urban Innovation
Kevin C Gillen - Drexel University, Lindy Institute for Urban Innovation
Accelerator for America (Institution)
Publisher
Nowak Metro Finance Lab, Drexel University; Philadelphia, PA
Number of pages
15
Resource Type
Report
Language
English
Academic Unit
Nowak Metro Finance Lab; Lindy Institute for Urban Innovation
Other Identifier
991021902028504721
Research Home Page
Browse by research and academic units
Learn about the ETD submission process at Drexel
Learn about the Libraries’ research data management services