Here's Now Kansas City Gets Evicted

A nice summary of what to expect moving forward in this Biden/MAGA/China economy . . .

Nearly four out of five apartments in the Kansas City metro area are owned by corporations, as opposed to individual or “mom-and-pop” landlords.

Corporate landlords are 3.7 times as likely to file for an eviction than small-business landlords and 1.6 times as likely to have code violations in their rental units.

Nearly half of apartments in the nine-county Kansas City metro area are owned by an out-of-town corporation. Most often, those companies are based in Colorado, California or New York.

Multifamily housing that is backed by Fannie Mae or Freddie Mac — federal government-sponsored enterprises that buy mortgages from lenders and repackage them for sale to investors — was associated with bad tenant outcomes, like evictions and code violations.

Read more via www.TonysKansasCity.com link . . .

Corporate landlords are more likely to evict their tenants and maintain unsafe housing in Kansas City according to a new study

Housing advocates say more and more apartments are run by corporate landlords. New research looked at quality of life for their tenants.