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Tenancy lengths are rising in US because rents are sky rocketing due to low inventory.
by dd36 8y ago
Tenancy lengths are rising in US because rents are sky rocketing due to low inventory.
- mcguire 8y agohttps://fred.stlouisfed.org/series/RRVRUSQ156N https://fred.stlouisfed.org/series/RRVRUSQ156N https://fred.stlouisfed.org/series/ERENTUSQ176N https://fred.stlouisfed.org/series/ERENTUSQ176N https://fred.stlouisfed.org/series/CUURA422SEHA https://fred.stlouisfed.org/series/CUURA422SEHA (Look at what happens after the dot-com boom.) https://fred.stlouisfed.org/series/HOUST?utm_source=series_page&utm_medium=related_content&utm_term=related_resources&utm_campaign=categories https://fred.stlouisfed.org/series/HOUST?utm_source=series_p...
- dd36 8y agoYeah, so what has happened is institutional investors now dominate the SFR rental market. They ask for 5% rent increases every year and therefore have relatively high turn ratios. It makes it easier for mom and pop investors to hold long term tenants.