The new hot items - securitizations of U.S. single-family rental properties - may be unable to...

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nightfly Comments (1017)
 
So the next bubble continues to form: residential real estate. Eventually, a glut of supply will erode profits which will lead to the inevitable collapse. Tricky to get out of rental assets very quickly. This sure thing will play out like all previous sure things.
8 Aug 2012, 12:53 PM Reply Like

montanamark Comments (1364)
 
LOL - really, securitization of rental properties; because MBS worked so well
8 Aug 2012, 12:59 PM Reply Like

casca123 Comments (153)
 
I was in the single family rental business for many years in Houston TX. The banks there tried renting single family property in the eighties and got their clocks cleaned. Single family doesn’t lend itself to being run by a large corporation. These companies better hope that price inflation happens cause that’s the only real way to make money on single family.
8 Aug 2012, 01:17 PM Reply Like

don_b Comments (36)
 
Thankfully I'm out of house rentals and only rent land now. I haven't seen anything on how TWO is handling their rentals but I would guess the day-to-day is farmed out to property management companies local to the properties.
8 Aug 2012, 02:50 PM Reply Like