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After a brief pause in Q2 of 2020, large corporate investors operating in Atlanta and elsewhere increased their purchases during the pandemic, and by summer of 2021, were purchasing homes nearly twice as quickly than in 2019. During this timeframe, large corporate buyers comprised 17% of all purchases of single family rentals, with purchases ramping up through 2021, such that these firms comprised 25% of all home purchases by Q2 of 2021. After the pandemic began, these large corporate investors increased purchases in places with high housing instability risk, and those hit hard by COVID19. Should their market share grow, and concerns continue with regard to eviction, maintenance, and rate hikes, finding ways to regulate these firms will remain an important policy concern. Read More
On May 25, 2020, George Floyd, a Black man living in Minneapolis, Minnesota, was killed by a white police officer, triggering what may have been the largest mass movement in U.S. history with between 15 and 26 million Americans participating, forcing a reexamination of the urban governance strategy known as, "The Atlanta Way." Read More