American Dream for Rent: An AJC Investigation

Large investment firms are pushing homeownership out of reach for many first-time buyers, an Atlanta Journal-Constitution investigation has found. Single-family houses have been snatched up in the thousands by private equity firms and publicly traded companies, converted into rental properties and bundled into complex investment vehicles.


American Dream For Rent: Investors elbow out individual home buyers. Metro Atlanta is ground zero for corporate purchases, locking families into renting.

Investors zero in on Black neighborhoods. Buy-to-rent push puts home ownership further out of reach in metro Atlanta.

Why corporate purchases took off. Crisis opened door to corporate buying spree

Investors slam tenants with fees, evictions: Private equity makes big push into metro Atlanta’s single-family homes

Investor homes spark neighborhood tensions: Suburban Atlanta home owners clash with firms buying, building single-home rentals

Capitol nixes oversight amid housing crunch: State legislature blames local government, not investors, for rising prices

About this investigation


Politically Georgia podcast: Inside the American Dream for Rent investigation


Feb. 28, 2023: Georgia lawmakers advance tenant rights bill

March 2, 2023: Georgia House panel OKs bill to limit local housing moratoriums

March 14, 2023: Cash buyers made up more than half of metro Atlanta home sales in 2022

Dec. 29, 2023: Local leaders seek rent cap laws, registries


Bill Torpy (Feb. 15, 2023): Big money helps create a dystopian class of permanent renters