BY BRAD BECKETT ON JANUARY 13, 2021
According to recent analysis from the Wall Street Journal there hasn't been this many single-family homes under construction in the U.S. since 2007. However, as they point out, many of these new homes won't be up for sale but are being built solely for rent. Click here to read more.
driven by an increasing demand for suburban living. Indeed…
“The Covid-19 pandemic sparked a race for space among Americans, and home prices have surged to records. The gains have outpaced wage growth, straining affordability despite historically low borrowing costs.”
“The build-to-rent boom was sparked a couple of years ago, when the megalandlords that emerged from the housing crisis were looking for ways to grow after they soaked up the flood of cheap foreclosures.”