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.
Landlords have rented out single-family homes for generations. But the recent professionalization of the industry has transformed the market. For decades, the overwhelming majority of rental homes were owned by landlords who hold a single property. While that’s still the case today, over the past decade or so, companies have emerged that own and operate portfolios of single-family rental homes.