How ‘neglectful or absentee’ investors fuel Toledo, Ohio’s post-pandemic housing crisis
Friday, February 13, 2026
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J Kushner & Associates, an Israel-based entity, purchased a three-bedroom house in Toledo for $20,000 and rented it out for $1,600, expecting a return on investment in just over a year, according to The Guardian US.
The city of Toledo, Ohio, has become a hotspot for "neglectful or absentee" investors, who buy cheap homes and leave working residents struggling with substandard housing, as reported by The Guardian US, citing the case of Berkshire Place in north-west Toledo.
Working-class residents in Toledo are facing escalating bills and unaffordable housing, with some residents quoting their bills as "keeps escalating", highlighting the severity of the housing crisis in the city, as documented by The Guardian US.
