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MAPC has released research examining the prevalence, characteristics, and spatial patterns of residential property speculation in Greater Boston. Our research finds that low-income urban communities of color experience the highest rates of speculative investor activity. Investors are often able to buy properties at a discount using cash, and they are also more likely than non-investors to flip their properties and to make a significantly higher profit on flipped properties than non-investors. Our November 30 webinar featured a presentation of this research and a panel discussion.
Guest panelists included:
▪ Angie Liou, Executive Director, Asian Community Development Corporation
▪ Brian An, PhD, Director, Master of Science in Public Policy Program, Georgia Institute of Technology
▪ Tim Reardon, Chief of Data and Research, Executive Office of Housing and Livable Communities
▪ Katie McCann, Rent Control Campaign Coordinator, City Life/Vida Urbana