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Updated over 5 years ago on . Most recent reply

User Stats

276
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Grant Shipman
#1 Real Estate News & Current Events Contributor
  • Rental Property Investor
  • Estes Park, CO
1,197
Votes |
276
Posts

Do You Know About the HUGE 2003 Shift In Rental Real Estate?

Grant Shipman
#1 Real Estate News & Current Events Contributor
  • Rental Property Investor
  • Estes Park, CO
Posted

In 2003 Redfin and other reporting groups announced that the single-person household became the dominant household. This means more people are living alone than at any other time.

Wow!

I remembered when I first learned this. As an investor in residential real estate, the following questions came to mind...

  1. - Is my customer base different than I thought?
  2. - What rental options do these single-person households have?
  3. - How can I get in front of this trend and make a **** ton of money by adding value?

What have you done to respond to this? 

  • Grant Shipman
  • Most Popular Reply

    User Stats

    276
    Posts
    1,197
    Votes
    Grant Shipman
    #1 Real Estate News & Current Events Contributor
    • Rental Property Investor
    • Estes Park, CO
    1,197
    Votes |
    276
    Posts
    Grant Shipman
    #1 Real Estate News & Current Events Contributor
    • Rental Property Investor
    • Estes Park, CO
    Replied

    Hi @Don Konipol- since you are a fellow numbers/research lover.  I thought you might appreciate this link also.  It is less dense and more easy on the eyes than the Harvard Study. 

    https://ipropertymanagement.com/renters-vs-homeowners-statistics/

  • Grant Shipman
  • Loading replies...