Descisciolo had moved from California to Idaho a few years earlier with his wife and two young daughters, in part because the area was still affordable for a middle-class family. He’d managed to buy their home in a new suburb called Star in 2018 with help from a relative, spending $239,000 for a new three-bedroom house with a horseshoe pit in the backyard. Then, early in the pandemic, he’d begun to receive form letters from investors offering to buy his home. “We can pay now. We can pay cash,” one read.

Source: Washington Post July 18, 2021 21:54 UTC