Real Estate Speculators Are Swooping In to Buy Disaster-Hit Homes
Sophie Hurwitz
created: Sept. 6, 2025, 11 a.m. | updated: Sept. 18, 2025, 9:58 a.m.
It is part of The Disaster Economy, a Grist series exploring the often chaotic, lucrative world of disaster response and recovery.
When a mile-wide tornado hit St. Louis on May 16, DeAmon White hopped in his car and rushed home.
Damage to DeAmon White’s home from an EF-3 tornado in St. Louis, Missouri on May 16, 2025.
DeAmon and Bobbie considered themselves lucky: A neighbor of theirs had his leg impaled by a pole that flew through his window.
“Vultures” is what Bobbie and DeAmon called the speculators.
5 months, 3 weeks ago: Science Latest