Real estate investors continue purchasing homes in Philly as nationwide rate slows

Investors are ramping up their home purchases in Philadelphia, despite slowing down in every other major U.S. metro. This is because the city is relatively affordable compared with other major areas. While the investment has led to improvements in Philly’s aging housing stock, some worry that it will crowd out potential homebuyers – particularly working class people of color with deep roots in the city.

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