Name: Atlanta On The Front Line Of Build-To-Rent Trend
Uploaded: 2023-10-05T05:00:17-04:00
Channel: TMN Editor
Description: By SCOTT KIMBLER Metropolitan Atlanta is the largest housing market in the Southeast and the city is leading the country in the trend of neighborhoods being built solely for the purpose of renting out single-family homes. This trend appears to be new as corporate investing in real estate has grown exponentially in recent years, but

By SCOTT KIMBLER Metropolitan Atlanta is the largest housing market in the Southeast and the city is leading the country in the trend of neighborhoods being built solely for the purpose of renting out single-family homes. This trend appears to be new as corporate investing in real estate has grown exponentially in recent years, but it has roots dating back to the 2008 housing crisis, according to Assistant Professor Rohan Ganduri of Emory University’s Goizueta Business School. “There were a lot of properties that were foreclosed upon,” Ganduri said. “That is when a large number of institutional investors stepped in and started to buy up a large number of single-family properties at very cheap prices. What they ended up doing…