1 in 4 Philadelphia Homes Is Snapped Up by Investors—Here’s What It Means for Renters

1 in 4 Philadelphia Homes Is Snapped Up by Investors—Here’s What It Means for Renters

Investors snapped up about a quarter of all single-family homes sold in Philadelphia over a period of six years, concentrating in predominantly Black and Hispanic neighborhoods with lower prices—raising concerns about affordability and the quality of available housing, a new study reveals.    Most of the investors, ranging from small outfits to large corporations, who … Read more