Corporate home ownership has risen sharply in Richmond. Will City Council move to curb it?

Richmond is considering an ordinance to head-off a nationwide trend of investor-backed corporations buying up houses that might otherwise go to first-time homebuyers or working-class families .  The ordinance, under review by the city attorney, aims to effectively ban deep-pocketed investors from the residential housing market.  National housing trends are showing that the percent of … Continue reading Corporate home ownership has risen sharply in Richmond. Will City Council move to curb it?