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Grant ShipmanPoster
#1 Real Estate News & Current Events Contributor
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Do You Know About the HUGE 2003 Shift In Rental Real Estate?
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...
- - Is my customer base different than I thought?
- - What rental options do these single-person households have?
- - 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?
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Grant ShipmanPoster
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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/