The one-family housing rental (SFR) market rapidly turned a industrial actual property funding darling over the previous few years. And as housing prices elevated greater than 13% final 12 months, and mortgage charges are actually conserving extra potential patrons in leases, demand from rising millennial households in search of spacious houses in high quality neighborhoods is feeding the eye.
However with the added consideration has come some misconceptions as effectively, amongst them whether or not the buyers are massive Wall Avenue gamers or extra grassroots, mom-and-pop patrons.
On this podcast, SVN | SFR Capital Administration, CEO Jeff Cline and EVP, Michael Finch clarify:
- What fashionable sentiment will get proper and incorrect concerning the sector;
- How the asset class is opening up alternatives for residence builders amid rising building prices; and
- How SFRs are addressing frequent issues within the housing market.
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