So I hear this from people a LOT, but I haven't seen actual data on it. It seems like it would be possible to measure, say, the % of single-family and multi-family homes and condos owned by REITs in top 10 metros.https://twitter.com/dismal_niche/status/1040304990110142464 …
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Replying to @kevinriggle
REITs don’t love single-family homes because they’re operationally difficult to landlord relative to multifamily, they have far less economy of scale, etc. “The landlord” of popular imagination is generally just an SMB, sometimes remote but more often local.
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Replying to @patio11 @kevinriggle
~85% of rented single family houses are held by SMBs; overwhelming majority have a tiny number of doors. https://www.google.co.jp/amp/s/www.curbed.com/platform/amp/2018/5/18/17319570/wall-street-home-rentals-single-family-homes-invitation …
7:15 PM - 13 Sep 2018
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