RH Capital Partners’ Post

Gen Z is on the cusp of reshaping the rental market as they leave the nest in increasing numbers. In fact, it is the only generation adding rental households, while the amount of millennial renters has already peaked: rptn.co/-AoABbYAjas

With Millennials and Gen Z making up the largest portion of renters today, a shift has naturally occurred regarding the wants and needs of apartment living for this demographic. With the addition of hybrid and work-from-home models since the pandemic, many sought out a place to live with more privacy and space at the same cost of living. However, many are still unwilling or unable to own their own home, with high interest rates and rocky economic conditions deterring them from officially leaving the rental market. Additionally, Baby Boomers and even Gen X have also shown interest in renting BTR as many are selling their own homes to reduce maintenance costs while others have a desire to live closer to their children and grandchildren. These realities combined have naturally became the gasoline for the build-to-rent (BTR) market, as its development has increased 10x in the last decade. Setting aside the demand of modern renters, it's actually a win-win scenario for investors and owners, too. And many property management companies, including ResMan customers like Mark-Taylor, Inc., are investing, too. "We’re proud to be early pioneers with this product class," says Dustin Lacey, Vice President of Marketing & Technology at Mark-Taylor, Inc. Read the history, benefits, and future of BTR in rental housing in our latest blog: https://hubs.li/Q02pVx_F0 #buildtorent #buildforrent #multifamily #rentalhousing #propertymanagement

The article below discusses renting versus buying homes and Baby Boomers’ new preference of renting. Follow the link below to learn what Baby Boomers have to say about the freedom of renting versus owning!

With Millennials and Gen Z making up the largest portion of renters today, a shift has naturally occurred regarding the wants and needs of apartment living for this demographic. With the addition of hybrid and work-from-home models since the pandemic, many sought out a place to live with more privacy and space at the same cost of living. However, many are still unwilling or unable to own their own home, with high interest rates and rocky economic conditions deterring them from officially leaving the rental market. Additionally, Baby Boomers and even Gen X have also shown interest in renting BTR as many are selling their own homes to reduce maintenance costs while others have a desire to live closer to their children and grandchildren. These realities combined have naturally became the gasoline for the build-to-rent (BTR) market, as its development has increased 10x in the last decade. Setting aside the demand of modern renters, it's actually a win-win scenario for investors and owners, too. And many property management companies, including ResMan customers like Mark-Taylor, Inc., are investing, too. "We’re proud to be early pioneers with this product class," says Dustin Lacey, Vice President of Marketing & Technology at Mark-Taylor, Inc. Read the history, benefits, and future of BTR in rental housing in our latest blog: https://lnkd.in/gWU57vHG #buildtorent #buildforrent #multifamily #rentalhousing #propertymanagement

I stumbled upon this interesting read from Business Insider this past weekend. With barriers to homeownership growing and DIY/home makeover content on social media expanding, millennials have started renovating their rentals and pressing pause on buying a home. In 2018, only 37% of millennials had purchased a home by the age of 25-34, whereas 45% of boomers had bought by that age. While many millennials may not be in a financial position to purchase, they are treating their spaces with love and care—painting, decorating, and renovating to make their residences feel like their forever home. While I always preach that homeownership is a better long-term investment than renting, I understand it’s not always possible—especially in large cities like New York. If your only chance to live in your dream city is to rent long-term, I commend you for making your space uniquely yours and doing the damn thing. #HomeOwner #DIY #RealEstate #NYCRealEstate #Realestateagent #millennials #homebuyer https://lnkd.in/enstWmkt

With Millennials and Gen Z making up the largest portion of renters today, a shift has naturally occurred regarding the wants and needs of apartment living for this demographic. With the addition of hybrid and work-from-home models since the pandemic, many sought out a place to live with more privacy and space at the same cost of living. However, many are still unwilling or unable to own their own home, with high interest rates and rocky economic conditions deterring them from officially leaving the rental market. Additionally, Baby Boomers and even Gen X have also shown interest in renting BTR as many are selling their own homes to reduce maintenance costs while others have a desire to live closer to their children and grandchildren. These realities combined have naturally became the gasoline for the build-to-rent (BTR) market, as its development has increased 10x in the last decade. Setting aside the demand of modern renters, it's actually a win-win scenario for investors and owners, too. And many property management companies, including ResMan customers like Mark-Taylor, Inc., are investing, too. "We’re proud to be early pioneers with this product class," says Dustin Lacey, Vice President of Marketing & Technology at Mark-Taylor, Inc. Read the history, benefits, and future of BTR in rental housing in our latest blog: https://lnkd.in/gUPudr2s #buildtorent #buildforrent #multifamily #rentalhousing #propertymanagement

Gen Z and Millennials! Does homeownership feel out of reach? It’s understandable, but with the right guidance, it’s not as daunting as it may seem. From down payment assistance programs to special financing options, there are pathways that can make homeownership more accessible than you might think. If you’re renting or know someone who hasn’t taken the plunge yet, let’s connect! Tag them here, and let’s talk about how to make homeownership a reality. NikkiB, The NikkiB Group Global Real Estate Advisors Engel & Völkers, Scottsdale 💌 nikki.bernstein@evrealestate.com 📱(480) 403-1899 #thenikkibgroup #nikkibernstein #engelvolkers #scottsdalerealestate #phoenixrealestate #phoenixhomes #scottsdalehomes

The number of renter households continues to grow, with 45.2 million in the U.S. as of Q2 2024—a 1.9% increase. This is particularly true for younger Millennials, who are still renting due to economic factors and lifestyle choices. As an investor, now is the time to focus on rental properties that cater to Millennial renters, especially large, pet-friendly homes with modern amenities. Many Millennials prioritize flexibility and convenience, and they’re looking for rentals that meet their unique needs. Invest in Ark7’s latest property, SoCal-S18, a spacious 4b3b single-family home in Menifee, CA — the perfect fit for Millennials seeking room to grow. Secured with an 18-month lease just a week after hitting the market, this property offers modern appeal and investment potential. Read the full article: https://lnkd.in/dF5mSm99 #Millennials #RealEstateInvesting #FractionalRealEstateInvesting #PassiveIncome

🚨 🏘️Real Estate with FAYE E. EVANS 5 Reasons Millennials Are Buying Homes According to Zonda, 98% of millennials want to become a homeowner at some point if they aren’t already. But why? >>Building equity – Homeownership is a long-term investment that allows you to build wealth, increase your net worth, and become more financially stable. Beyond that, the alternative to owning a home is typically renting. With the way rents have risen so dramatically over time, it may make sense to build your own equity instead of the equity of the person you’re renting from. >>A change in life stage – As a millennial, you’re reaching your prime homebuying years. That means you may be at the point where you need more space or a different location. >>Stability or settling down – This could mean establishing your career or just generally deciding more concretely what you want your life to look and feel like. As that idea becomes clearer, you may want to establish that lifestyle in a particular place an... Click this link to learn more. 👉https://www.rfr.bz/lmhx3e3 There are plenty of great reasons why millennials are buying homes today. If you’ve thought about becoming a homeowner and any of these reasons resonate with you too, 🔗 Let’s connect today to explore your options. Faye E. Evans | REALTOR®, RENE, ABR, & MRP F. Evans Realty, LLC 📫665 Hwy 74 South, Suite 110 Peachtree City, GA 30269 770-335-6008 (cell) faye.evans@harrynorman.com #HarryNormanRealtors, #HarryNorman, #hnr, #forsale, #newlisting, #atlantarealestate, #atlanta, #luxuryrealestate, #luxurylifestyle, #georgia #realestateforsale #newhome #homeforsale #househunting #listing #realestatelife #home