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They left out corporate buyers... > Large institutions owned roughly 5% of the 14 million single-family rentals nationally in early 2022. But this relatively
by chx 3y ago
They left out corporate buyers...
> Large institutions owned roughly 5% of the 14 million single-family rentals nationally in early 2022.
But this relatively low number is deceptive because most of these purchases were past 2009 -- in the past they bought apartment buildings. Also they are focused on inexpensive homes in growing metro areas. So they basically beheaded the market, so to speak. This should never have been allowed but here were are near 15 years in and all that there is a few failed bills. For example: https://www.billtrack50.com/billdetail/1496012/18956 https://www.billtrack50.com/billdetail/1496012/18956