Congress’ $2 trillion relief package is a strong first step towards restarting an economy devastated by COVID-19. Unfortunately, millions of Americans who rent their homes still need help.
As the coronavirus pandemic prompts unprecedented job losses across the country, one of the first problems for many households will be how to pay next month’s rent or mortgage. Read More
COVID-19 poses a great threat to public health and, with widespread business shutdowns, to the health of the economy. These effects hit employees of location-dependent businesses the hardest, including entertainment, travel, retail, and manufacturing businesses. And many of these employees are hourly workers who are more likely to be renters. Read More
In the aftermath of the recent Tennessee tornadoes, the National Rental Home Council (NRHC) shared the following update on the preparedness and response efforts undertaken by member companies, owners and operators of single-family rental homes, and the vendors and service providers that support our industry.
New research from the Philadelphia Federal Reserve Bank shows SRF companies brought needed liquidity and capital to housing markets following the Great Recession – without negatively impacting rents or evictions.
Recent research shows that the rate of homeownership in the United States has increased from 63.1% to 64.8% from 2016 through 2019. During this period of rising homeownership the vacancy rate for single-family rentals has fallen to a low of 5.2%. As NRHC has pointed out, homeownership and single-family rentals are not counter-cyclical – a … Continued
In recent years, the explosive growth of the single-family rental home market has attracted widespread attention from the public, the media, and policymakers alike.
On Wednesday, February 26, 2020, Dallas Tanner, CEO, Invitation Homes and David Howard, Executive Director, NRHC, met with HUD Secretary Ben Carson to discuss the state of the SFR industry, and HUD’s role in SFR and the overall housing market.
The Washing Post: Report: Renting a home is cheaper than buying one in the largest U.S. counties