General World News

Wall Street investors are the new breed of single-family landlords


Purchases of single-family rental properties by investors are on the rise in Sunbelt cities like Phoenix; Austin, Texas; Las Vegas; Tampa; and Charlotte, among others, according to research by John Burns Real Estate Consulting. 

The increased buying activity is raising concerns that large institutional investors are disproportionately represented in these markets and “are driving up home prices to unsustainable levels,“ said John Burns, CEO of John Burns Real Estate Consulting

His concerns are fueled by business headlines like this, from CNN: “Wall Street is buying up family homes. The rent checks are too juicy to ignore.”

Burns concedes he details ⇒

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