Real Estate Trends in the Rental market

[Bob Hance]

Interesting article on the future of REI and the changing rental market from Morgan Stanley. https://www.morganstanley.com/ideas/millennials-generation-z-housing?cid=dm-5030683:244497680:442294667:116099951&dclid=CjkKEQjwnMTqBRCMnrSelZf03M0BEiQAulNLda0fs85lCrPLWUKqCnbLVZdo_O8dpZz6pi1-YdDLjOfw_wcB Net rentals could surge 22% over the next 10 years but home ownership could fall 54%. As usual this information is a double edge sword. Rental demand is good for my money because there is no emotion from my money. Home ownership falls by 54% which to me is dangerous for the economy and overall health of the nation. There is also discussion of the emergence of the Ibuyer. Algorithm's tuned to the real estate criteria that analyze quickly and put in offers quickly. Again another double edged sword. For the people with big portfolios of real estate, It may be a lot easier to unload your portfolio when you decide to. For future rental buyers, we probably will be seeing increased competition. REI Investing - Always interesting “Net aggregate demand for rentals could surge 22% above long-term averages over the next 10 years," says Richard Hill, head of Morgan Stanley's U.S. REIT Equity and Commercial Real Estate Debt Research. While demand for rentals is poised to rise, net aggregate demand for ownership of single-family homes could fall to 54% below its long-term average, as aging boomers sell primary and vacation homes. This divergence could open doors for REITs focused on single-family rentals, helped by the rise of iBuying platforms that streamline real-estate transactions. Bob Hance