American Dream For Rent: Investors elbow out individual home buyers
Posted on AllSides February 15th, 2023
From The Left
No one would buy Dele Lowman’s South Florida townhouse when she first moved to Atlanta in 2008 — not at the height of the housing crash, and not for anything close to what she paid in 2005. So she short-sold it, eating the loss on the mortgage.
Since then, she had a kid. Got married and divorced. Left Atlanta and came back.
Today, Lowman has a master’s degree, works in government consulting and is chairwoman of the DeKalb County elections board. She’s also pre-approved to buy a home.
But the...