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A major increase in out-of-state companies buying Milwaukee properties has some worried how it could affect the people who live in those neighborhoods.
About 6,000 properties, or 14% of Milwaukee’s rental homes, are owned by out-of-state landlords, according to Marquette Law School’s Lubar Center for Public Policy Research and Civic Education. In 2015, that number was 4,600 and in 2000, it was 1,500.
In a recent article from the
Milwaukee Journal Sentinel, longtime investigative reporter Cary Spivak dives into why investors from across the country are buying up properties in Milwaukee.
“These companies have figured out it’s more profitable to go into a city and purchase in volume, many single-family homes or duplex’s, they want to have enough properties to make it worth their while,” he explains.
Out-of-state investment landlords change Milwaukee s home landscape jsonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from jsonline.com Daily Mail and Mail on Sunday newspapers.
Cristina Tilley. Photo courtesy of Marquette University.
MILWAUKEE
Cristina Tilley, associate professor of law at the University of Iowa, will discuss the Supreme Court and the media as the featured guest during an upcoming virtual “On the Issues with
The video will be available at 12:15 p.m. on the Marquette University Law School website.
The study examines two high-profile U.S. Supreme Court cases heard 50 years apart and suggests that print media’s coverage of the court has changed during that period, with a shift toward less emphasis on legal issues and a greater emphasis on the justices’ perceived political predilections. Tilley focuses her scholarly work on the boundary between public and private law, with particular focus on the appropriate treatment of speech and speech injuries. Prior to her law career, she was a news reporter, specializing in business and legal affairs.