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Bay Roberts Has A Real Estate Investor Problem

Did you know that Bay Roberts has the highest percentage of investor-owned housing? I was quite shocked to discover that they own 49.9% of the total stock, as well 92.1% of recently completed construction.

Keep in mind that Bay Roberts is a city where unemployment is 65% above the national average, and that’s not a good look to be honest. This is a slippery slope, and you know the greedy will do what they can with no regard for local communities or people needing a roof over their head. Well, they’ll at least jack the rents on you until you bleed dry.

Whaddya At?