A recent study of 21 counties in and around metro Atlanta shows Hall, Forsyth and Dawson near the bottom when it comes to corporate-owned home. The bottom five also includes Spalding and Fayette.
Henry County tops the list, compiled by the Georgia Public Policy Foundation. Rounding out the top five are Douglas, Paulding, Newton and Clayton.
The study found that despite ambiguity in how exactly institutional investors are defined, “it is reasonable to conclude that metro Atlanta has the highest concentration of institutional investor-owned housing of any metropolitan area in the United States.
“The number of investor-owned homes in metro Atlanta peaked from 2014-2017, as the housing market recovered from the Great Recession and the subsequent decline of Georgia’s homebuilding and community banking industries. In all 12 of the (counties covered in the report), the owner-occupancy rate has increased since 2017.”
You can read the full report here: Institutional Investors and Housing Affordability in Metro Atlanta – Georgia Public Policy Foundation