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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