The U.S. housing crisis has reached a breaking point. A nationwide shortage of more than 4.5 million homes, an aging housing stock and a rising cost of living have added pressure on American families looking to secure stable housing.
The barriers to homeownership have also multiplied in recent years. Soaring home prices, mortgage rates and insurance premiums have led to unprecedented affordability challenges. At the same time, post–global financial crisis lending requirements have created a mortgage market only for a select few. The traditional path to homeownership has become increasingly inaccessible for households with moderate FICO scores or variable incomes.
With families renting longer and spending more time working from home, and a new generation entering their household formation years, a broader menu of choices, including single-family rentals, is more critical than ever.
Because of these challenges, the housing crisis presents an undeniable opportuni