The City of Santa Monica Is Getting More Than 4,000 New Apartment Units

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Under state law, cities in California need to outline housing goals. Santa Monica was set to draft up a new plan and they did, but the state rejected it last year. A few developers took advantage of this and submitted plans for all these projects. And because the city was not in compliance, they're automatically approved.

Investors have flocked to purchase single-family homes across the U.S., as technology has made the asset class scaleable. But, how will the sector fare with inflation, increasing interest rates and a potential recession on the horizon?

Deconstruct chats with Doug Brien, the CEO of single-family rental management and investment firm Mynd about why he's still bullish on the asset class.