Why Homeowners Hate Investors in Today's Market

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Are investors hogging the housing inventory? 

According to The Wall Street Journal, investor purchases "accounted for more than one in five home sales in December." That's not going over well with homeowners in suburban America, who say the surge in rentals owned by "absentee" landlords leads to a lack of property maintenance and makes it harder for local families to purchase homes. In an effort to tame the spike in corporate bids, homeowner associations are "rewriting rules" so that houses stay in the hands of those who will live in them.

Homeowner Groups Seek to Stop Investors From Buying Houses to Rent