Landlords Are Taking Over the U.S. Housing Market

As rising home prices, slow new home construction, and demographic shifts push homeownership rates to 50-year lows, the U.S. is increasingly a country of renters—and landlords. Last year, 37 percent of homes sold were acquired by buyers who didn’t live in them, according to tax-assessment data compiled in a new report published by Attom Data Solutions and ClearCapital.com Inc.
Read more: https://www.bloomberg.com/news/articles/2017-02-23/landlords-are-taking-over-the-u-s-housing-market?source=Snapzu