First Coast Connect: Rental housing crisis
A phrase that once signaled housing as a basic Maslow need has taken on a more sinister cast: The rent eats first. For an increasing number of households on the First Coast, the choice between groceries and soaring housing costs is all too real. A new book explores what happens when housing is viewed as an investment asset rather than a social necessity. An outgrowth of the University of North Florida’s Jax Rental Housing Project, the book drills down on how the local market became dominated by large institutional investors, private equity firms and corporate landlords, some holding…
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