Tuesday 10 November 2020

Big landlords raise rents in suburbs as demand surges

Even though many Americans are still struggling with unemployment and the threat of eviction, large owners of single-family homes are raising rents at their fastest level since the great financial crisis. Asking rents for available properties owned by corporate home-rental firms rose 7.5 percent in October, the Wall Street Journal reported, citing figures from Green Street, a real estate analytics firm. This marked the fifth straight month of year-over-year increases and the biggest since 2014.



source https://therealdeal.com/2020/11/10/big-landlords-raise-rents-in-suburbs-as-demand-surges/

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