Out-of-state investors are buying up and renting single-family homes and duplexes. And construction businesses are shorthanded.
A labor shortage and outside investors who snap up properties have created a double whammy that’s impeding efforts to boost affordable housing in Milwaukee.
For the past few years and especially since the pandemic, out-of-state investors have been buying up and renting single-family homes and duplexes throughout the city.
Housing experts from Milwaukee service agencies that address affordable housing issues said they are directly competing with families with low to moderate income...
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- - Volume: 11 - WEEK: 1 Date: 1/6/2023 9:58:53 AM -