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Chhaya CDC has witnessed a trend of clients being priced out of buying small homes (one and two-family houses) in neighborhoods that, not long ago, were affordable.
A year of research and client-counseling sessions found real-estate investor activity in small homes rapidly increasing in Queens. Neighborhoods that overcame the barrier of redlining, now face a new threat tied to gentrification. Chhaya explores these trends in its report entitled, “Investor Invasion: The Changing Landscape of Small Home Ownership in the Queens Housing Market.”
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