EP#39 David Todd | Is The Rental Market Cooling Again?
Description
Is the U.S. apartment market slowing down? Rental housing economist Jay Parsons dives into the data to evaluate whether apartment owners and managers should be concerned. Why is rent growth moderating again and concessions ticking back up if demand remains strong, occupancy is holding steady, supply is declining and renter rent-to-income ratios are improving? And in the second half of this episode, Jay welcomes in David Todd, the CEO of Maymont Homes, the single-family rental platform owned by Brookfield Asset Management. David opens up the hood on Maymont's proprietary model to identify markets for investment. Also, Jay and David talk about why SFR operators would benefit from a stronger for-sale housing market. Additionally, Jay brings back recurring segments like "In the News" and "Rental Housing Trivia."