Dan Fuller: Rental companies ‘vultures’

March 2, 2013 

Rental vultures’

I applaud the Feb. 24 article “Wake home-buying spree” on the California billionaire who, with his American Homes 4 Rent company, is buying up homes around Wake County for rentals.

I once lived in a nice subdivision where this occurred. Property values started to decrease because of renters not maintaining the homes and following any covenants and restrictions. Try to sue a company 3,000 miles away! Homeowners may save for years to purchase a home in a nice neighborhood to raise a family. Having these vultures come in can and will kill the American dream!

Homebuyers looking to purchase a home for their families need to research the purchases in that neighborhood by this company before buying. Maybe a paid advertisement in this paper each month listing purchases and locations would be in order! Have we not learned anything these last few years!

Dan Fuller, Youngsville

News & Observer is pleased to provide this opportunity to share information, experiences and observations about what's in the news. Some of the comments may be reprinted elsewhere in the site or in the newspaper. We encourage lively, open debate on the issues of the day, and ask that you refrain from profanity, hate speech, personal comments and remarks that are off point. Thank you for taking the time to offer your thoughts.

Commenting FAQs | Terms of Service