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"What we're going through right now is closer to a ripple in the water than a bubble."
Supply is so tight that buyers are willing to pay a premium for homes that don't need any work.
A recent RentCafe survey of 3,300 renters reveals that 78% are interested in living in SFR communities.
Higher costs and longer timelines haven't disappeared in 2022.
Areas near Phoenix and Dallas are poised to perform well in 2022.
The Chicago and NYC areas are most susceptible, while other markets along the East Coast are vulnerable as well.
A number of company executives spoke to a wide-range of topics during NMHC's Annual Meeting and Apartment Strategies Conference.
Improving resilience, reducing carbon emissions and enhancing employee well-being are key factors.
It's the latest in a string of investments in the single family rental space.
It could portend more cash flow volatility for owners, as well as more concessions and increased capital costs.