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Updated about 6 years ago on . Most recent reply

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784
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528
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Jack Bobeck
  • Rental Property Investor
  • Jacksonville, FL
528
Votes |
784
Posts

Could one or more new homes be rentals instead?

Jack Bobeck
  • Rental Property Investor
  • Jacksonville, FL
Posted

Just saw this up at the Wall Street Journal. Millennials are not the only ones having a hard time finding a home, renters are having the same problems. This drives up the value of the homes. Days on Market on the Southside of Jax are still ludicrous at under 90 days, 3 months. I would not be surprised to see a number of new homes that have been moved over to rentals. 

Wall Street Journal Article Big landlords hungry for rentals and building them.

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