Mom and Pop Make Way for Institutional Investors in the Landlord Business
"Institutional investors own a growing share of rental properties in the United States," reports Michael Kolomatsky.
That conclusion is drawn from data analyzed in a recent report by the Harvard Joint Center fort Housing Studies.
"Individual investors still own more individual rental properties, as they did in 2001," adds Kolomatsky. "But as of 2015, institutional investors — all other landlords, including partnerships, companies, trustees for estates and nonprofit organizations — made gains across rental properties of all sizes."
Another wrinkle examined in the report is the question about whether institutions are better landlords than mom and pop businesses. According to Kolomatsky, "while the Harvard group cited evidence that institutional landlords may be more likely to initiate evictions, it conceded that the jury is still out on what kind of landlords institutional investors make."
FULL STORY: Mom and Pop Own Fewer Rental Units
Rents Falling in New York City; New Supply Gets Credit
New York City is seeing an adjustment in the rental market as landlords struggle to compete for renters in a suddenly crowded market.
More Research Needed to Understand the Rental Market
Large institutional investors are changing the realities of the U.S. rental housing market, but a lack of information makes it hard for cities to respond.
Miami Housing More Expensive Than New York City, Report Says
New data shows stratospheric housing costs in cities not named New York.
Florida Considers Legalizing ADUs
Current state law allows — but doesn’t require — cities to permit accessory dwelling units in single-family residential neighborhoods.
Manufactured Crisis: Losing the Nation’s Largest Source of Unsubsidized Affordable Housing
Manufactured housing communities have long been an affordable housing option for millions of people living in the U.S., but that affordability is disappearing rapidly. How did we get here?
HUD Announces Plan to Build Housing on Public Lands
The agency will identify federally owned parcels appropriate for housing development and streamline the regulatory process to lease or transfer land to housing authorities and nonprofit developers.
EPA Terminates $116 Million in Grants for Reducing Emissions from Construction Materials
C-MORE grants were earmarked for industry trade groups and universities.
BART Closes $35 Million Deficit
Cost control and revenue generation measures prevented service cuts.
The New Parisian Hearse is a Bicycle
Sleek, silent, and sustainable, a green trip to the graveyard has hit the streets of the French capital.
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