With investment money pouring into single-family rentals, some experts have warned that the market’s boom could be unsustainable over the long-term. So reports GlobeSt.com.
Tom MacManus, president of Money360, said during a recent virtual panel discussion, that the “top-notch pricing” for builders of single-family rentals might be too optimistic.
Trevor Koskovich, president of investment sales at NorthMarq, countered that with baby boomers cashing out of their homes and millennials unable to afford them, single-family rentals will remain in demand.
Read the full article from GlobeSt.com.
Source: themortgageleader.com