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Iowa City council keeps action on predatory property investors and tenant protections
Summary
Councilors asked staff for a memo clarifying what steps the city can take to discourage out-of-state and other predatory property investors, with particular attention to recent mobile-home park purchases and tenant protections; staff will return with options and legal constraints under state law.
Iowa City councilors directed staff to prepare a memo outlining what legal steps the city can take to discourage bad-faith and predatory property investors, officials said during a Jan. 20 work session.
The discussion began after Speaker 3 raised a strategic-plan action to "explore legal steps to discourage and prevent bad faith and predatory property investors." City staff responded that the item dated to roughly 2023 after large purchases of local mobile-home parks and that state-code limitations have constrained possible local actions. "That is, particularly out of state…
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