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The Future of Build-to-Rent Houses: A Sneak Peek into Tomorrow’s Rental Market
With more people renting homes and governments pushing for more houses to be built, single-family houses for rent are becoming more important. A recent report looked at what’s coming next in this area, with input from various experts and stakeholders.
What We Found Out:
Growing Demand and Investment Need: There’s going to be a lot more people renting homes in the future, and we need to invest a lot of money to make sure there are enough good-quality homes for them.
Static Supply and Community Benefits: While more people want to rent, the number of rental homes hasn’t gone up much since 2016. But building houses specifically for renting could help fix this, especially in areas where middle-income families live.
Role of Investors and House-builders: Big investors and companies that build houses are starting to see the potential in building homes for rent, which could make communities better.
Creating Sustainable Communities: Building more rental homes isn’t just about having more places to live. It’s also about making neighbourhoods better by adding more homes and shared spaces.
Collaborative Efforts for Development: Investors and builders need to work closely together to make sure they’re building the right kind of rental homes in the right places.
There’s a lot of confusion about the terms used in this area, like what “Build-to-Rent” really means. We need to make sure everyone understands what we’re talking about, especially people making decisions about where and how to build rental homes.
Looking Ahead
Understanding what’s happening with rental homes is really important as more people choose to rent instead of buying. This report helps us see where things are going and how we can make sure there are enough good rental homes for everyone. By working together and using clear language, we can make sure rental housing meets the needs of our communities while also being good for the environment and the economy.