Study Finds Atlantans Lost $1.25 Billion in Equity in Real Estate Dealings with Corporations

ATLANTA — How do you put a cost to a community when homes are not owned by people but by corporations?

Georgia Tech Professor Brian An looked into that issue as part of a recent study

The study finds Atlantan’s “lost” $1.25 billion in equity thanks to selling out to corporations.

“We did a study for Atlanta, and we looked at 95 neighborhoods. And we tracked the impact on those 95 neighborhoods over 12 years,” said An.

Atlanta saw an explosion in corporations and investors buying property shortly after the Great Recession. Another recent report found three corporations own around 19,000 single-family homes in the metro area

(Click the source for more)