fromwww.housingwire.com
1 day agoHow long-term structural shifts are reinforcing build-to-rent's tailwinds
Economic factors encourage more households to rent High mortgage rates, rising home prices, and affordability pressures are causing many would-be homebuyers to delay ownership, remaining in the rental market for longer. In today's market, the median U.S. household needs to devote 48% of its income to housing payments to buy a home. Even as interest rates fall, the barriers to homeownership, like high financing costs and low inventory, are considerable, driving the number of households living in rentals to all-time highs.
Real estate