See also: When Wall Street Buys Main Street by Sarah Edelman, with Julia Gordon and David Sanchez
Over the past few years, institutional investors have bought hundreds of thousands of single-family homes across the country and rented them out. Now, Wall Street firms have created a security that is backed by these homes and supported by their rental incomes. This tool lowers their cost of buying and renting these homes and could supercharge the single-family rental industry.
Click here to view an infographic with some important questions we need to ask about the potential impacts of this new trend.
The positions of American Progress, and our policy experts, are independent, and the findings and conclusions presented are those of American Progress alone. A full list of supporters is available here. American Progress would like to acknowledge the many generous supporters who make our work possible.
Director, Housing Policy