According to the main statistics, single-family rentals have risen sharply in recent years. This is something that makes us think and is worth analysing.
To what do we owe the increase in rents? Why has such a sudden increase taken place? And above all, why did it concern only and exclusively this category? In short, we will try to answer all these questions. How?
Simply in the next few lines, with our inimitable daily column, dedicated to real estate!
So, if you wait for more information, we can start!
It is appropriate to understand when the beginning of this reversal of the course dates back to the time level. September 2010. This month, in fact, we have seen how the price increase has been so strong as to actually mark a watershed with the past. The maximum peak was reached in 2016, but, even now, the levels remain high.
It seems strange, but even this year, the month of September seems to have been really lucky for the real estate of single-family rentals . It was exactly configured as the sixty-fiveth consecutive month in which, the leases, have increased again. Even the lowest prices, with a level below 70% of the international average, seem to have grown by almost 5%. Breaking the record of 2016. A real unstoppable trend that does not seem to discourage potential buyers.
Despite what you can imagine, the American real estate, in terms of rents, knows no critical moments. The increase in prices is given precisely by a constant demand and increasingly rising.
The Millennials, new investors who are characterizing the real estate world, clearly prefer rents to contracts of sale. This is partly because of the flexibility they represent, partly because they do not provide the necessary financial resources.
It is wrong to think that rents are not convertible to sustainable. On the contrary. Thanks to numerous supranational regulations, rents are part of particular programs aimed at reconfiguring structures. With a particular focus on sustainability, economic, financial and environmental. Is it thanks to the Thunberg phenomenon? We cannot know that. What is certain is that even the buildings that are the subject of lease contracts are being modernised in a green way.
The interest of the Millennials in real estate, leads the category “rents” to move towards new smart policies. Let’s think about smart cities. A good 40% of residential components are represented by smart rents.
What can we say, a real revolution, which makes us well understand the reason for the rise in prices.
This sector, in America, but also globally, does not seem to be experiencing a crisis. So, we just have to hope that prices can adjust but without interrupting this trend
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