Why Build-to-Rent Is Reshaping Suburban Housing

In Episode 60 of The Business of Real Estate, Lucas and Luna examine the build-to-rent (BTR) phenomenon: single-family homes built and owned by institutions, not individuals. With BTR now accounting for 8% of new home starts nationally—up from near zero a decade ago—they drill into one developer's pivot from for-sale to for-rent subdivisions in Phoenix. They break down the economics: how BTR operators are targeting a 5.5% cap rate, why they can outbid families for land, and what this means for the American dream of homeownership. The hosts also discuss the tension between institutional efficiency and community feel, and whether BTR can deliver better maintenance and amenities than scattered-site rentals. A must-listen for anyone watching the shift from ownership to leasing in the suburbs. #BuildToRent #SingleFamilyRentals #InstitutionalInvestors #SuburbanHousing #RealEstateInvesting #PhoenixRealEstate #CapRate #Homeownership #RentalMarket #PropertyManagement #HousingEconomics #Business #RealEstatePodcast #FexingoBusiness #BusinessPodcast #HousingTrends #LandAcquisition #Development Keep every episode free: buymeacoffee.com/fexingo