Your browser doesn’t support HTML5 audio
Wall Street companies haven't usually been involved in the business of owning single-family rental homes. But since 2012, companies have made headway into Portland's single-family housing market through bond sales. Publicly available earnings calls also suggest that companies face pressure to raise money by raising rent prices. The company American Homes 4 Rent, which owns over 200 Portland-area homes, calls it
"a new and untested business model with no proven track record."
What does this mean for local renters and a Portland housing market that is already changing quickly? To learn more, we talk with Lee van der Voo, a reporter at InvestigateWest.
GUEST:
- Lee van der Voo: Reporter at InvestigateWest
THANKS TO OUR SPONSOR:
THANKS TO OUR SPONSOR: