Close to 5 percent of all the single-family houses that developers started to build in 2022 are planned to be operated as rental houses.
Bendix Anderson | Jun 07, 2022
Developers will start construction on tens of thousands of new rental houses in 2022.
The biggest companies that own and operate single-family rental (SFR) housing— like the REITs Invitation Homes, Tricon and American Homes 4 Rent—are all creating thousands of new, build-to-rent houses. These homes are rising in subdivisions planned from the start to operate as rentals, with shared amenities for the renters like swimming pools and pet parks.
These same companies often still buy individual, existing houses to renovate and operate as rental homes—even though home prices are rising as fast or faster