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Build to Rent Strategy Gains Popularity Driven by Lack of Inventory, Surge in Rental Demand
October 20, 2015
10 percent of detached single-family households in the country (12.7 million out of 120 million) are renting.
Sourced through Scoop.it from: dsnews.com
Builders in Silicon Valley are recognizing “spec building” is not always automatically a sale. It can also be a rental. As the article points out, new sub-division builders are setting aside some of the homes for renters.