Can metro Atlanta lawmakers rein in Wall Street landlords jeopardizing housing affordability?

Lawmakers must crack down on the exploitative practices of Wall Street investor landlords if there’s to be any hope for housing affordability in metro Atlanta, experts told Atlanta Civic Circle this week.

These so-called “institutional landlords” accounted for more than 40% of the single-family home purchases in the Atlanta, Sandy Springs, and Roswell area in the third quarter of 2021, Georgia Appleseed Center for Law and Justice executive director Michael Waller told U.S. senators during a hearing about national housing issues earlier this month.

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