From Al Tompkins | Poynter <[email protected]>
Subject When corporate investors crowd out individual homebuyers
Date February 13, 2023 10:59 AM
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Plus, there are a quarter of a million ‘missing’ students, why they don’t play the Super Bowl on Saturday, you need to check out Bing, and more. Email not displaying correctly?
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The One-Minute Meeting

Corporations are gobbling up tens of thousands of individual homes around the United States, making it next to impossible in some areas for individual buyers to compete. Two companies now own more than 10,000 individual homes each in Atlanta. Pew’s Stateline founds, “Across most states, investor purchases of homes spiked in 2021 and remained elevated in the early months of 2022. Investors made 29% or more of the home purchases last year in Arizona, California, Georgia, Texas and Nevada, and investor purchases doubled or more from 2020 for Florida, Nevada, Vermont and Washington.” I will also explore a new investigation by The Atlanta Journal-Constitution that maps how a handful of big companies have swarmed into some neighborhoods and bought up entire blocks of houses.

Since the pandemic, a quarter of a million school students have disappeared from the record books in 21 states. They did not show up in private schools or on home-schooling rolls. They are just unaccounted for. A new survey by The Associated Press and Stanford found that in the years before the pandemic, no such missing students existed. That means something very different has happened, but we still do not know what.

A couple of hundred thousand people joined hands online to say that the Super Bowl should be moved to Saturday since they did not get much sleep last night. The NFL has shown no interest in the suggestion but thanks you for your kindness and concern.

It is hard to believe it, but Bing is back, and it is getting rave reviews. Some call it Microsoft’s big reentry into the search engine world. Others say it is better than Google as a search tool. In its previous life, Bing became something of a joke, but this new version is powered by a chatbot AI, and you can ask it real questions and it spits out real original answers, not just links. It also has much more impressive graphics in the search returns than Google.
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