The first time we're getting a look at how rising rates and the looming threat of recession is impacting companies. Some are faring better than others, but a few are struggling. The biggest shift that I saw was Blackstone reporting virtually no profit. If you had asked me last quarter, what's the probability of a recession the next year, I would have told you 90-10.
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.