
Hedge Funds and Private Equity Firms Targeting Predominantly Black Counties In Metro Atlanta Hurting Current Renters and Potential Homebuyers
As potential homebuyers were busy placing bids and sending love letters to homeowners, Georgia resident Carlotta Harrell knew It was time to take advantage of a seller’s market and downsize.
In 2021, Harrell, who serves as the chair of the Henry County Commission, listed her home for sale and immediately began receiving offers. While some bids were from traditional homebuyers, most were from investors who wanted to purchase the property and then convert it to a rental property.
“I refused to s
In 2021, Harrell, who serves as the chair of the Henry County Commission, listed her home for sale and immediately began receiving offers. While some bids were from traditional homebuyers, most were from investors who wanted to purchase the property and then convert it to a rental property.
“I refused to s