From the Atlanta Tribune:
Photo: Grace Cary / Moment / Getty Images Bold squatters are taking advantage of laws and policies to rent out vacant houses to other people, stoking frustrations among homeowners and landlords, according to a report from The Atlanta Black Star. While some states deal with this issue, most of the focus is on Georgia due […]
The post Georgia Squatters Renting Out Houses As ‘One-Time Payment Homes:’ Report first appeared on Atlanta Tribune.
The post Georgia Squatters Renting Out Houses As ‘One-Time Payment Homes:’ Report appeared first on Atlanta Tribune.
So could the owner “re-squat” the house - wait until nobody is there, break in, change the locks and clear out the squatter’s possessions? Instead of slogging through the legal process, it might be cheaper to hire security and movers for a while?
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Why are these homes empty in the first place? Sounds like a good reason for them to lower rents to ensure occupancy to deter squatting. But of course the article doesn’t even mention that.
Atlanta is one of the hottest markets for institutional SFR investors. They are responsible for our prices running out of control. They would rather have losses from vacancy than to lower rents.