What’s troubling for all of us who want to live in a nice neighborhood, is that Sally Martin says as is going up, she’s also watching the maintenance of properties owned by out of state and international investors decline.
Cleveland’s Sally Martin spoke in this congressional hearing just days into her new job as the city’s director of building and housing.
In the Senate committee hearing, a representative from Georgia testified that in the third quarter of last year, investors were responsible for 40% of the single home purchases in the Atlanta area.Martin recently witnessed a devastating local example of the trend she says is definitely happening here too.But, they couldn’t afford the higher rent the new landlord wanted. The senior was then left with nowhere to go.
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