Is Built-for-Rent Housing a Good Investment?
Statistics show we're turning into a nation of renters. Although millennials (the cohort most likely to purchase entry-level housing) are buying homes, their ownership rates don't match past generations.
The 2021 Millennial Homeownership Report from Apartment List found that by age 30, 42% of millennials owned homes. That sounds like a pretty healthy number, but it isn't really when you consider that 48% of Gen Xers and 51% of boomers were homeowners by 30. One of the most common reasons young people aren't buying homes is that they are overburdened with student-loan debt at a time when home prices have skyrocketed.
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Source Fool.com
