Posted To: Pipeline Press
If you wait long enough to cook dinner, everyone will eat cereal. Follow me for more recipes! It’s a good time to be long real estate, and one recipe that is tried and true is the link between housing prices and rents. Home Price appreciation is t’s a good time to be long real estate, and one recipe that is tried and true is the link between housing prices and rents. Home Price appreciation is driving up asking rents for single family homes. They are up 13% YOY for SFR, while up only 8.3% for apartments. We have seen all sorts of institutional money flood into the SFR space over the past year, as high cap rates and home price appreciation create returns that are hard to replicate elsewhere. While eviction moratoriums have been an issue, many investors are targeting higher-income…(read more)
Source: Mortgage News Daily
