“What has happened is that a lot of folks are looking at newly built single-family rental homes in the same way as the starter home market,” said Howard. While BFR may help boost the critically low supply of housing and cater to lifestyle trends, the roughly 131,000 BFR homes in the United States are a drop in the bucket of the supply shortage, and these rentals may not help the market where it is urgently needed - at the most affordable level - according to a recent report from the Urban Institute. There is an appeal and broad-based demand to live in a single-family home, even as a renter.” People are waiting for interest rates to come down. “With interest rates at levels we haven’t seen in years, housing affordability continues to be a challenge for many families. “What is driving the growth of BFR is the affordability problem,” said David Howard, CEO of the National Rental Home Council, a nonprofit organization that advocates for the single-family rental home industry. Renters are being hit harder by inflation than homeowners A new residential apartment building are seen on Jin the Brooklyn borough of New York City.

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