Built-to-Rent Homes Expected to Hit All-Time High in 2022
A new report from RentCafe says built-to-rent homes are expected to hit all-time highs in 2022, fueled by a need for space & privacy. They say that 2021 was a record year for single-family rental home construction, with 6,740 new built-to-rent homes completed and nearly 14k set to open their doors to renters in 2022. Indeed…
“Cleverly described by some as “horizontal apartments,” communities of houses built for the sole purpose of renting are becoming the hottest topic in residential living. But, single-family rentals are not a new concept. Although they proliferated in the aftermath of the 2008 housing crisis, this time it’s different. The pandemic created an unprecedented demand among renters for space and privacy, which houses can address much SFRbetter than apartments.”
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