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‘Corporate Landlords and Market Power’: Study Surveys the Single-Family Rental Boom

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New research documents the growing footprint of large institutional investors in the housing market during the pandemic, converting more and more of the nation’s single-family detached housing units into rental properties.

“As the pool of foreclosed properties has largely dried up, SFR companies are developing new strategies to increase growth and returns for shareholders, including build-for rent and partnerships with builders. During the COVID-19 pandemic, corporate SFR landlords pushed major rent increases and devoted energy to increasing revenues through ancillary fees that further add to tenants’ housing costs. Corporate landlords are actively finding ways to cut down costs, particularly through technology and the built environment of homes, as well as appealing property tax assessments.” (Fields and Vergerio)

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