Today, the housing market in urban areas is a hot topic of discussion. And for many, the dream of becoming a homeowner is a far cry from reality. Cities like Atlanta have a high cost of living, and Atlanta’s median home sales prices has increased by 70% over the last five years, unfortunately options for individuals who earn below a certain threshold are slim.
But for the real estate investor Booker T Washington, the state of Atlanta’s deteriorating demographic of low-income to middle-class homeowners presented a unique opportunity that just might permanently alter Atlanta’s housing market for good.