Growing Demand for Build-to-Rent Single Family Homes

Based on current trends, RCLCO believes the single-family rental market will likely be undersupplied over the next 10 years, despite the increased attention the segment is currently receiving. Of course, that could change if the number of units being produced increases dramatically, or if the COVID—19 recession leads to more substantial foreclosures pushing more units into rental inventory, but that is not the trend to date.