If you drive around suburbia these days, you might come across entire communities of newly constructed homes with all the amenities of an apartment. But these aren’t your average tract homes. These are subdivisions made exclusively for renters instead of homeowners.
It’s all part of the build-to-rent trend, one of the fastest growing sectors in the housing industry.
On today’s show, we’ll talk about the build-to-rent trend and what it means for the housing market, homeownership and building generational wealth in this country.
For today’s Newsfix, we’re sticking with the housing theme. Amy Scott, our housing correspondent, talks about her biggest takeaways from the latest S&P CoreLogic Case-Shiller U.S. National Home Price Index. It’s wild! Plus, what the heck is going on with Twitter’s stock?
Then, we’ll hear from listeners about taxes, Taco Bell and dinosaurs!
Here’s everything we talked about today:
- “The Market for Single-Family Rentals Grows as Homeownership Wanes” from The New York Times
- “Home Builders Bypassing Individual Home Buyers for Deep-Pocketed Investors” from The Wall Street Journal
- “Corporate investors spending billions in real estate” from Marketplace
- Home prices jumped nearly 20% in February
- “Tesla Stock Sinks After Twitter Deal” from The Wall Street Journal
We’re still taking questions for Whaddya Wanna Know Wednesday. You can submit yours at makemesmart@marketplace.org or (508) 827-6278, also conveniently known as 508-UB-SMART.