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Mayor/Council Cautious About Outside Investors

May 24th, 2023 by WCBC Radio

Cumberland Mayor Ray Morriss spoke in depth this week on the Dave Norman program about outside investment in the city.  When Cumberland was recognized as the second cheapest housing market in 2017, it caused many buyers to come into the city to buy properties and become absentee landlords.  Morriss told WCBC that outside investment is welcome in the city…

However, he and the City Council are working to make sure such investors do more than buy up properties without any thought for the community…