Tucker Observer: ‘Cash is King’ DeKalb County leaders search for solutions to housing shortage

I covered the recent DeKalb Affordable Housing webinar hosted by Commissioner Lorraine Cochran-Johnson for The Tucker Observer and Decaturish.com.

A highlight:

This shortage is an ongoing national problem, driving up housing costs for both buyers and renters across the country.

Adding fuel to the fire, the rising home prices have attracted Wall Street investment firms that are buying up multifamily and single-family properties as investment vehicles, further driving up prices.

One firm, Invitation Homes, owns more than 10,000 homes in the metro Atlanta area alone.

See the full article on The Tucker Observer

There are no easy answers, but some interesting partnerships happening in DeKalb around developing more affordable housing and addressing gentrification in lower-income neighborhoods.

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