Mayors: Affordable housing demand is crushing us

Mayors: Affordable housing demand is crushing us

[ad_1] In Richmond, everything from “parasitic” capital investors making below-value cash offers to a lack of adequate care for acquired property has ruined swaths of his city, Democratic Mayor Levar Stoney said during a panel discussion at the conference, particularly in low-income and historically Black areas. Stoney and other local leaders also blamed short-term rental…

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