Currently Reading

Single-Family Rentals Well-Positioned for Rebound Post-Coronavirus


Single-Family Rentals Well-Positioned for Rebound Post-Coronavirus

April 21, 2020
House for rent
By Monkey Business

Though the single-family rental sector is hurting now due to late rent payments, industry experts believe that the sector will be ripe for a rebound when the economy begins rebuilding. Because economic uncertainty often drives an increase in renters, post-COVID-19 America may rely more on single-family rentals. But before any growth can begin, the sector must first weather possible drops in occupancy and late payments as many Americans struggle to get by due to unemployment. 

The single-family rental (SFR) sector is well-positioned for a rebound once widespread economic activity resumes, according to industry experts.

“In the post-COVID-19 future, I think we will see even more people opt to rent homes instead of buying,” says Doug Brien, CEO and co-founder of Mynd Property Management, a property management firm serving the small residential sector. “In times of financial and healthcare crises, which may become more frequent, people tend to struggle paying their mortgages, making their car payments, etc. Renting is a simpler, more desirable option for many people.”

Read More

Related Stories

Built for Rent

Do It Right: Single-Family Built-for-Rent

AHV Communities practically invented the business model for single-family built-for-rent communities, and on this installment of HorizonTV,…


Starter Home Inventory at Five-Decade Low

There were 418,000 new starter homes constructed in the late 1970s, but there were just 65,000 starter homes completed in 2020. Freddie Mac…


Home Building Grew at the Fastest Rate in 7 Years in 2020

New single-family home construction increased by 12% in 2020 from the previous year, marking the most rapid growth rate since 2013. There were 993…


More in Category

Never before have home builders had to navigate a market where houses are pre-selling fast while the cost of so many resources is rising and so many supplies are constrained at the same time


Create an account

By creating an account, you agree to Pro Builder's terms of service and privacy policy.

Daily Feed Newsletter

Get Pro Builder in your inbox

Each day, Pro Builder's editors assemble the latest breaking industry news, hottest trends, and most relevant research, delivered to your inbox.

Save the stories you care about

Lorem ipsum dolor sit amet lorem ipsum dolor sit amet lorem ipsum dolor sit amet.

The bookmark icon allows you to save any story to your account to read it later
Tap it once to save, and tap it again to unsave

It looks like you’re using an ad-blocker!

Pro Builder is an advertisting supported site and we noticed you have ad-blocking enabled in your browser. There are two ways you can keep reading:

Disable your ad-blocker
Disable now
Subscribe to Pro Builder
Already a member? Sign in
Become a Member

Subscribe to Pro Builder for unlimited access

Lorem ipsum dolor sit amet, consectetur adipisicing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua.