Orlando P. Bailey
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orlandopbailey.bsky.social
Orlando P. Bailey
@orlandopbailey.bsky.social
Emmy Award Winning Journalist | Executive Director @OutlierMedia | Host of Authentically Detroit Podcast | Host of @UrbanConsulate
Remarkable reporting from Outlier Media today.
Foreign investors are buying pieces of rental homes for $50. What could possibly go wrong?

For tenants? Everything. Ignored repairs, unresponsive management, eviction letters, you name it.

And yes, it’s happening here in Detroit. outliermedia.org/crypto-real-...
The real estate scheme gobbling up Detroit, one digital token at a time
RealT sells pieces of hundreds of Detroit rentals, often in cryptocurrency, to overseas investors. Tenants are the guinea pigs.
outliermedia.org
February 4, 2025 at 3:37 PM