"Individuals used to own two-thirds of apartment properties with five to 24 units. But from 2001 to 2015, that share fell to two-fifths..." - Hallo friend USA IN NEWS, In the article you read this time with the title "Individuals used to own two-thirds of apartment properties with five to 24 units. But from 2001 to 2015, that share fell to two-fifths...", we have prepared well for this article you read and download the information therein. hopefully fill posts Article HOT, Article NEWS, we write this you can understand. Well, happy reading.

Title : "Individuals used to own two-thirds of apartment properties with five to 24 units. But from 2001 to 2015, that share fell to two-fifths..."
link : "Individuals used to own two-thirds of apartment properties with five to 24 units. But from 2001 to 2015, that share fell to two-fifths..."

"Individuals used to own two-thirds of apartment properties with five to 24 units. But from 2001 to 2015, that share fell to two-fifths..."

"... and researchers from Harvard University’s Joint Center for Housing Studies found that as large, Wall Street-backed investors purchased the buildings, they raised rents more quickly. 'Given that units in these structures are generally older and have relatively low rents, institutional investors may consider them prime candidates for purchase and upgrading. These changes in ownership have thus helped to keep rents on the climb,' researchers wrote. Wall Street investors owned virtually none of America’s single-family homes a decade ago but now own about 2 percent of them, according to the Federal Reserve. Redfin senior economist Sheharyar Bokhari said small landlords who are struggling to keep up should at least be able to find buyers for their properties. In the second quarter alone, investors — rather than traditional home buyers — dropped a record $48.5 billion to acquire 67,943 homes, the highest quarterly figure on record, according to a recent Redfin report. Investors bought 1 in 6 homes sold in the second quarter, up from a typical 1 in 10. 'It’s unlikely that a lot of them are underwater, because the values have been rising. So one opportunity for them is to sell the house and take the gain,' he said."

From "With tenants who won’t pay or leave, small landlords face struggles of their own/Corporate landlords are booking big profits, but the extended eviction ban means there’s no relief in sight for mom-and-pop landlords" (WaPo).

I cherry-picked the cold numerical facts. Go to the article to read the heartstring-tugging anecdotes of the small landlords. Will we miss them when they are all gone, the "mom-and-pop landlords"? Apparently, we are deeply into a process of transferring their property to big investors. 

This article, for all its empathetic anecdotage, is shouting the message: Cash out now. "Redfin senior economist Sheharyar Bokhari said small landlords who are struggling to keep up should at least be able to find buyers for their properties." How much can you get for your property when you've got nonpaying tenants and an eviction moratorium? You're the desperate character they call the "motivated seller."

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