10 percent of all single-family homes are rental units representing a 2-trillion dollar industry. And demand for single-family rentals is expected to increase!
This growth is a direct reflection of a number of factors, such as uncertainty in the jobs market, or a lifestyle choice like eliminating the burden of home maintenance, tax payments, HOA expenses and insurance payments. Also, in today’s world, the mobility and flexibility employment may require does not dovetail well with home ownership.
Watch as we meet with American Housing Income in Phoenix, Arizona, to find out more about the trends in rental properties, and how they are becoming an investment to consider.