Built-to-rent construction gains momentum amid affordable housing shortage
Housing affordability has plummeted to its lowest level since the 1980s, keeping many Americans in the rental market. As a result, some homebuilders have doubled down on the construction of built-to-rent (BTR) homes. In 2023, a record 93,000 new single-family homes for rent were completed, up 39% from 2022, according to a report by The [...]read moreBuilt-to-rent construction gains momentum amid affordable housing shortage