Housing affordability is weighing on potential buyers as home prices continue to rise, the Case-Shiller National Home Price Index shows. As hopes of home ownership slip away for some, Kinloch Partners co-founder and CEO Bruce McNeilage joins Market Domination to discuss the alternative build-to-rent market.
McNeilage explains that people are giving up, and may not enter the market until rates move down to 5.5%. He adds that to his company is receiving "more and more" lease applicants with each home vacancy, but that the industry "98% leased."
"People are going to have to rent longer than they think," McNeilage tells Yahoo Finance.
#youtube #news #stocks
About Yahoo Finance:
Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your financial life.
- Get the latest news and data at finance.yahoo.com
- Download the Yahoo Finance app on Apple ([ Ссылка ]) or Android ([ Ссылка ])
- Follow Yahoo Finance on social:
X: [ Ссылка ]
Instagram: [ Ссылка ]
TikTok: [ Ссылка ]
Facebook: [ Ссылка ]
LinkedIn: [ Ссылка ]
