Bubble or Boost: Professor Immergluck questions big business buying homes

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As several large investors spend millions to buy up, fix, and rent out the glut of foreclosed homes in Atlanta, the long-term effect on the housing market remains unknown. "One of the big questions is whether the kind of stabilization in prices we're seeing, which in general is a good thing, is sustainable over time," says Dan Immergluck, a professor at Georgia Tech's School of City and Regional Planning.

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School of City & Regional Planning

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Keywords
atlanta housing market, dan immergluck, foreclosure, Housing, housing bubble, professor dan immergluck, real estate, Rent, rental
Status
  • Created By: Kyle James
  • Workflow Status: Published
  • Created On: Feb 8, 2013 - 7:13am
  • Last Updated: Oct 7, 2016 - 10:26pm