Why Large Investors Are Bullish on Single-Family Rentals
September 16, 2014 12:39 PM
Institutional investors are betting that Americans still want backyards and porches even if they don't have the credit to buy stand-alone homes of their own, according to equity research analyst Ivy Zelman. She says that's a good thing for renters. "They can professionalize a very antiquated industry and provide the consumer with more choices for a different type of shelter," she says.