As home prices rise, new home construction slows, and demographics shift, the U.S. is increasingly a country of renters—and landlords. Last year, 37 percent of homes sold were acquired by buyers who didn’t live in them, according to tax-assessment data compiled in a new report. That number may include second homes or properties acquired by investors who seek to fix up old homes and resell them at a profit. But it’s also a strong indication that landlords are playing a larger role in the U.S. housing market.
Wednesday, June 28, 2017
Landlords Are Taking Over the U.S. Housing Market
Source: Bloomberg
As home prices rise, new home construction slows, and demographics shift, the U.S. is increasingly a country of renters—and landlords. Last year, 37 percent of homes sold were acquired by buyers who didn’t live in them, according to tax-assessment data compiled in a new report. That number may include second homes or properties acquired by investors who seek to fix up old homes and resell them at a profit. But it’s also a strong indication that landlords are playing a larger role in the U.S. housing market.
As home prices rise, new home construction slows, and demographics shift, the U.S. is increasingly a country of renters—and landlords. Last year, 37 percent of homes sold were acquired by buyers who didn’t live in them, according to tax-assessment data compiled in a new report. That number may include second homes or properties acquired by investors who seek to fix up old homes and resell them at a profit. But it’s also a strong indication that landlords are playing a larger role in the U.S. housing market.
Wednesday, June 21, 2017
Saturday, June 17, 2017
Wednesday, June 14, 2017
Saturday, June 10, 2017
Wednesday, June 7, 2017
Wednesday, May 31, 2017
Subscribe to:
Posts (Atom)
Posts
