Homeowners like Susan want to be left alone, but because they own a home in Fort Wayne, they’re under pressure to sell to businesses who’ve managed to track them down. “There have been two to three calls, emails, or letters every week for last few months asking if I will sell my home. I am so tired of it.” Across town, Matthew, who has owned his home since the nineties, can’t believe what sellers are asking—and what buyers are paying—for homes on his street. “It’s been like living in the eye of the hurricane for the last few years,” he said. “Prices just keep climbing, and I just keep wondering why.” Shirley Rork, the Interim Executive Director at Just Neighbors in Fort Wayne, weighed in on how increased housing costs have affected the community as well as the economy in Northeast...
Investors Drain the Affordable Housing Market and Inflate Prices
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