Wall Street Investors Are Snatching Up Single-Family Homes And Taking Over The Rental Market

Wall Street Investors Are Snatching Up Single-Family Homes And Taking Over The Rental Market

An ongoing shortage of housing will make it easier for banks and other Wall Street investors to take control of the market for single-family rental homes, National Association of Realtors Chief Economist Lawrence Yun told the Daily Caller News Foundation.

Institutional investors, such as banks and other large investors, are on track to own 40% of single-family rentals in the U.S. by 2030, MetLife Investment Management predicted, according to CNBC.

An ongoing shortage of single-family homes in the U.S. would normally limit growth potential for Wall Street firms looking to buy single-family rentals, but it is also making it easier for them to tighten their grip on the market, Yun told the DCNF.

READ MORE: https://dailycaller.com/2023/02/26/wall-street-housing-shortage-single-family-rentals/

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