We're, you know, 4 to 5 million homes short from a supply perspective in this country. And the other dynamic we have is because interest rates have gone up so fast in a lot of single family rental markets, renting a house is now like 30% less expensive on a monthly basis than buying a house is. I just think right now when interest rates are going up at a pretty fast clip, it's hard to invest right now. We're also seeing rents start to plateau in some markets. At least they're not growing at the same pace they were in 2021single digit growth rather than deltful double digit growth. But I do think that by 2023 and maybe even 2024
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.