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  • Wall Street is buying up thousands of houses in Charlotte

    A small group of out-of-state companies have bought more than 10,000 houses across the Charlotte region, rapidly increasing their holdings from almost none just a few years ago. And rather than try to flip these homes to new buyers, they’ve turned them into long-term rentals.

Wall Street is buying up thousands of houses in Charlotte

A small group of out-of-state companies have bought more than 10,000 houses across the Charlotte region, rapidly increasing their holdings from almost none just a few years ago. And rather than try to flip these homes to new buyers, they’ve turned them into long-term rentals.