Florida homes owned by corporate investors: 117,000 — and counting

Corporate real estate investors have purchased more than 117,000 single-family homes across Florida, a Times analysis found, dramatically shifting neighborhoods and the real estate industry.

We analyzed state property data and identified owners with 50 or more homes — including wealthy individuals, major building companies and institutional investment firms.

The latter group is driving the buying spree.

Academic researchers say it’s easier for corporate investors to keep expanding in Florida because of regulations that limit or prohibit local controls and renter protections.

In many cases, these investors spend in areas with booming development.

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[justinboyle]

We need to do something about this. Investment firms and corporations are buying up all the houses. They are destroying the american dream of owning a home. Contact your politicians and spread the word to everybody you know.

[BunnyMan-ecxg]

Our governor loves this!!! He gets so much $$$ from these investors.

[mauriceharp]

FL republicans continue to bow down to their corporate masters!

[TrustThenVerify]

This isn’t accounting for private investors who own over 1 hundred homes each. Those usually involved their ties to lawyers who were privy to foreclosures, sometimes buying for pennies on the dollar. Then look at all the ANONYMOUS OWNERSHIP of real estate listing properties as LLCs & Trusts w/out actual owner’s names INCLUDING FOREIGN OWNERSHIPS.

[kevinmorris]

🧐Desantis received $3.9 million dollars in donations from the Insurance Industry as well…
🧐 CITIZENS UNITED!!

[Luv-xk]

Desantis loves money. Corporations are always more important than people to republicans.

[StrudelNoodle]

Corporations shouldn’t be allowed to buy single family homes.

[betenu]

If I'm right, they can use the property to get a loan and not pay any taxes on the loan and the interest is tax deductible. They hide they money in real estate to avoid taxes. So they can afford to overcharge for the home because they win whether someone buys the house or not

[Mike_Genisys]

Can you overlay crime statics before and after investor purchases?

[bobdowns]

THANKS RON DICKSANTIS! GOOD JOB TRAITOR!

[francismarion]

I thought it would be a lot more than that.

[dlhouse]

What are we going to do - We have to do something

[musicgram]

But does the labor force want home ownership or rental? Remember there were people frightened about owning homes, being out of work and not being able to relocate? Florida has seasonal employment needs which has existed long before the explosion of illegal labor seeped over into so many places of employment across the nation. Remember there also are rental alternatives to seasonal residents who also used to own second homes in Florida until the cost of insurance for storms became issue.

[MS-tyeq]

Place the blame where it needs to be placed. How many Boomers have sold off land and property to corporations for cash over asking? Whoever is selling the property to these conglomerates is truly the one to blame. Selling out our country.

[nitroneonicman]

Aside from the fact that 117k is a negligible fraction of the 5.7 MILLION single family homes in Florida...These institutional investors are going to be unloading houses very soon here. Homes bought in Florida have not appreciated in value in over two years as opposed to major stock indices which have gone up by as much as 50%. Even inflation has outpaced home appreciation. Not to mention these investors have to pay maintenance and taxes on these homes. Really bad short term investment (which is what institutional investors are primarily interested in).