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Updated about 2 years ago on . Most recent reply
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Is Grant Cardone right that the US will become a renter nation?
According to Pew, "investors bought 24% of all single-family houses sold nationwide last year, up from 15% to 16% annually going back to 2012, according to a Stateline analysis of data provided by CoreLogic, a California-based data analytics firm. That share dipped only slightly in the first five months of 2022 to 22%."
If the percentage of homes purchased continues to shift to investors, is this really good for communities?
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I believe so, most investors want to make a profit, how do they do it? They put a lot of money into the property and improve the asset, most homeowners won't to the level up repair a investor will