‘My bill keeps escalating’: how Toledo, Ohio, became the epicenter of the US housing crisis

As LLCs snap up thousands of homes, tenants face rising rents, fees and deteriorating living conditions

Executive Towers boasts a gym, a swimming pool and heated underground parking. Built in 1963 by the country’s top contructor of luxury apartments, its excellent access to Ohio’s downtown Toledo and the neighborhoods beyond made it an attractive place to live.

It was for all of these reasons and more that Kwiona Sprott moved into Executive Towers with her teenage son last July, paying $851 a month.

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