"Absentee Investors" Fight for Voice in Property Rights Battle
Talk about a hot button issue.
Tonight’s Metro Council Meeting here in Nashville will turn out to be a rip roaring.
Property rights continues to be on the agenda as property owners fight to maintain control over their real estate.
Some people don’t think landlords and real estate investors should have a say or a vote.
That’s right, you can spend the money but you can’t have an opinion. You can pay astronomical property taxes but you’re supposed to keep quiet while others start dictating how you can manage your own properties.
As for the “historic” element- let’s face it folks, some of those old houses in Sylvan Park need to be torn down or at least drastically renovated.
This hits home for me because I’m one of those so called "absentee investors" Councilman Summers is referring to. Not only have we spent a lot of money in that neighborhood, but we also continue to spend a great deal of our precious time with work and sweat.
And yes, we expect to make a profit. We’re providing housing for some nice tenants who are generally very happy with their living arrangements. If they were upset in any way believe me our phones would be ringing. Generally, tenants are not shy about calling you.
But this issue is not just a Nashville problem. Unfortunately it is growing all over the country.
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