Resident warns council on impact of investor property purchases in local community

The Narragansett Town Council convened on May 5, 2025, to address pressing community concerns, particularly regarding property purchases and their impact on local residents. The meeting featured public testimony highlighting the rapid rise in investor acquisitions of properties, which has led to significant changes in the town's demographic landscape.

One resident expressed deep concern over the lack of community and support during the winter months, stating, "I have no neighbors. If my home burned down, I have no one to toss me a blanket." This poignant remark underscored the emotional toll of increasing investor activity in the housing market, which many believe is contributing to issues of affordability and accessibility for long-term residents.

The speaker urged the council to consider the implications of these trends, advocating for a more measured approach to property sales that prioritizes the needs of current residents. "Please, first, do no harm to this place we love so much," they implored, emphasizing the importance of maintaining the town's character and community spirit.

The meeting concluded with an acknowledgment of the lengthy discussions and a call for continued public engagement on these critical issues. The council's next steps will likely involve further deliberation on how to balance investor interests with the needs of local residents, ensuring that Narragansett remains a welcoming place for all.