The USA is being bought out. Good luck ever affording to buy a house!
Institutions Set To Own 40% Of Single-Family Rental Homes
Mortgage rates are higher than they were two years ago, and it doesn’t even feel as though the same opportunities are available. Why is that?
One reason is the dramatic change in home ownership. Institutions funded $2.5 billion in single-family-rental (SFR) acquisitions in 2021. They committed more than $60 billion in capital to buy SFRl homes in the past year, according to Yardi Matrix’s report.
Yardi Matrix estimates that by the close of this decade, institutions will own 40% of SFR units in the U.S.
Private equity funds are looking to capitalize on a market traditionally owned by individual owners or mom-and-pop companies. It's a niche market with high-yield returns that has been largely untapped by the major players.
