Georgia Lawmakers Seek Bipartisan Solutions to Curb Corporate Ownership in Housing Market
In Georgia, both Democratic and Republican candidates are finding common ground in addressing the rising issue of corporate-owned housing as a factor in housing affordability. A 2024 report from the U.S. Government Accountability Office indicated that institutional investors own a quarter of all single-family rental homes in Atlanta, a trend that experts like Taylor Shelton, an associate professor of geography at Georgia State University, suggest has contributed to increased rent and home prices. U.S. Senator Jon Ossoff, a Democrat, launched an investigation into the matter and supported a bipartisan housing bill to cap institutional investor ownership of single-family homes at 350. Republican Congressman Mike Collins also voted in favor of this bill. In the gubernatorial race, Democrat Keisha Lance Bottoms advocates for limits on corporate-owned housing, while Republican Rick Jackson proposes freezing property taxes and reducing regulations on home construction, leaving corporate housing regulation to the...
