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  • Wall Street Investors Are Snatching Up Single-Family Homes And Taking Over The Rental Market

    02/26/2023 12:04:17 PM PST · by SaxxonWoods · 102 replies
    Daily Caller ^ | 2/26/2023 | John Hugh DeMastri
    Institutional investors, such as banks and large real estate firms, are on track to own 40% of single-family rentals in the U.S. by 2030, MetLife Investment Management predicted last fall, according to CNBC. National Association of Realtors Chief Economist Lawrence Yun told the Daily Caller News Foundation that the ongoing shortage of housing will make it easier for banks and other Wall Street investors to buy up and rent out single-family homes. “We need to build more homes,” Yun told the DCNF. “Otherwise, institutional investors with deep pockets can corner the single-family rentals market.”