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Ludicrous0251@piefed.zip to California @piefed.socialEnglish · 2 months ago

Investors are buying close to half the empty lots in LA burn zones, report says

laist.com

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  • cross-posted to:
  • climate_apocalypse@lemmy.dbzer0.com
  • losangeles@lemmy.world
  • aboringdystopia@lemmy.world
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Investors are buying close to half the empty lots in LA burn zones, report says

laist.com

Ludicrous0251@piefed.zip to California @piefed.socialEnglish · 2 months ago
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  • cross-posted to:
  • climate_apocalypse@lemmy.dbzer0.com
  • losangeles@lemmy.world
  • aboringdystopia@lemmy.world
A new report from the real estate listings platform Redfin finds about 44% of Altadena lots were sold to corporate buyers in recent months.
  • bitjunkie@lemmy.world
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    2 months ago

    I hope the insurance bankrupts them before they flip a single property. Fucking vultures.

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