Many of the world’s largest investment firms have launched new funds over the past couple of years aimed at acquiring or building single-family homes to use as rentals. This comes as no surprise considering that the increased cost of buying a home has forced many Americans into being tenants instead of homeowners. Arrived, a young real estate company backed by Amazon.com Inc. founder Jeff Bezos, has just announced its entry into the single-family rental fund space. Arrived currently operates a f
  • @LordOfTheChia@lemmy.world
    2•7 months ago

    There is a need for some home rentals. Like taking a job in a new city that may or may not pan out long term but you still want to bring the whole family.

    Or you need a few more years to save up for a down payment.

    Or you are ready to buy a house, but the current mortgage rates are frikkin’ insane and you want to wait a year or two for the rates to come down.