Who's Buying Houses in Queens?
The Brian Lehrer Show | Jul 29, 2019
A new report from Jackson Heights housing advocacy group Chhaya CDC reveals that small homes in Queens are increasingly being purchased by investment companies as opposed to new families. William Spisak, director of programs at Chhaya, and Yangchen Chadotsang, housing preservation program manager at Chhaya, talk about the group's new report on the way small homes in Queens are being increasingly purchased by investment companies instead of families, often new immigrants, and what that means for the neighborhoods.
@BrianLehrer In January a young asian guy showed up w/coffee & offered $1 mil for my 2 family home in queens which my family bought in the 1950s & is 99 yrs old
— Tee (@uforje) July 29, 2019
