Build to Rent SFRs - Columbus on the forefront

[Robert Ellis]

I've been trying to get some great discussions about columbus going. One of the biggest new national trends and one that Columbus is on the forefront of is homes build to rent not sell. There are 4 communities in due diligence period right now. Three by American homes for rent development arm. Here is an article that talks a lot about it and I'd like to hear everyones thoughts. These have been opposed by a lot of residents but ultimately I believe all of them will be pushed through. 

https://myfox28columbus.com/news/local/four-build-to-rent-si...

[Isabelle Trepkoski]

Hi Rob, 

I had not seen this article, really interesting. At the end of the day the housing is needed in Columbus and this is one solution. Keeping them all in rentals long term really detracts from the community as a whole though. I would like to see some sort of compromise where the builders are required to sell them to primary resident buyers after a certain amount of years. Or maybe there is possibility for a rent to own situation to provide affordable housing to first time home buyers. Housing is needed, but this does not seem like a long term solution.

I will definitely be following this closely now.