The number of investor-owned, single-family homes in Elk Grove increased by at least 20 percent during the last four years, The Sacramento Bee reports.
While some of the new investors are simply speculators looking for a quick flip, most are landlords who have taken advantage of low prices to buy a home and rent it out, according to the Bee review of property and tax data.
The number of single-family homes in Sacramento County owned by people not living in them grew by 17,000, or 30 percent, over the same period.
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