Single Family Rentals and the Multifamily Market

Single family rentals are a growing portion of the housing market, and while the single family market is correlated and connected to multifamily performance, single family rentals are not necessarily a competitive threat to the multifamily market. Sources cited in this episode: Yardi Matrix: National Multifamily Report, Jan. 2024 - https://www.yardimatrix.com/publications/download/file/5071-MatrixMultifamilyNationalReport-January2024 CoreLogic: “US Single-Family Rent Index – February 2024” - https://www.corelogic.com/press-releases/corelogic-us-annual-rent-growth-remains-slow-steady-december/ RealPage: “Incomes Grew Faster Than Rents in 2023” - https://www.realpage.com/analytics/rent-income-ratios-decline-2023/ Moody’s Analytics: “Q4 2023 Housing Affordability Update: Rent Burden Lightened for Median US Households Last Year, but Not Everyone Felt the Relief” - https://cre.moodysanalytics.com/insights/market-insights/q4-2023-housing-affordability-update-rent-burden-lightened-for-median-us-households-last-year-but-not-everyone-felt-the-relief/ For the latest multifamily news from across the internet, visit the Gray Report website: ⁠https://www.grayreport.com/⁠ Sign up for our free multifamily newsletter here: ⁠https://www.graycapitalllc.com/newsletter⁠ Learn more about Gray Capital's latest multifamily investment offering for accredited investors: https://www.graycapitalllc.com/new-offering/ DISCLAIMERS: This podcast does not constitute professional financial advice and is for educational/entertainment purposes only. This podcast is not an offer to invest. Any offering would be made through a private placement memorandum and would be limited to accredited investors.