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Is Wall Street Scooping Up Portland Rentals?


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.

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OPB | Broadcast: Sept. 14, 2015