Ryan Dezember

speaker

644 appearances 11 recordings 1 series first heard May 2018 last heard Jun 2024

Ryan Dezember’s voice in public audio — every appearance, attributed to the second.

Trend

recordings per month · last 12 months

No recordings in the last 12 months.Older appearances are listed below; set an alert to hear about the next one.

Appearances

newest first · ▶ plays the moment

WSJ Your Money Briefing · Rental-Home Companies Are Building Houses to Meet Demand · 4 Jan 2019 podcast

And they rent them just like they would be, you know, apartments except for instead of one roof there might be, you know, several thousand in a city.

Yeah.

And I think that as interest rates rise, as the home prices rise and really soar in some of the hottest job markets where young people are getting jobs and putting down roots, that's made it harder for people to buy.

And yet they still probably there's a lot of people that want that suburban lifestyle.

They want their kids in that particular school and they'll be willing to rent to do that.

And so there's they found a very high demand for this product.

Yeah, there's still some that are – they won't say no.

They sort of say, well, give me a pitch, developers, or let me see what you got because they want to see everything.

But there's still some that stick to that principle of buy below replacement costs.

That was sort of the original idea.

We can buy homes for less than it costs to build them.

And so the companies that have gone and are building homes have abandoned that strategy and that thinking in favor of this sort of promising rental market that they –

They sort of see this swollen suburban rental class sort of that emerged from the crash being something that's here to stay.

Others still want that sort of – they want that high-end home that's hard to – it might be closer to the city center.

WSJ Your Money Briefing · How Wall Street Investors Become America's Landlords · 18 Sep 2018 podcast

Yeah. voice-verified

And really, institutional investors didn't really mess with residential single family detached homes. voice-verified

They stuck to apartments, office towers, you know, commercial properties. voice-verified

But the foreclosure crisis gave them an opportunity to buy a lot of homes very cheaply and in the volume they needed, sort of the density wherever they were buying. voice-verified

And now that foreclosures have returned to normal, we're seeing these investors buy homes off the open market. voice-verified

And of course, when they're buying thousands of homes a year, they don't have time to go to showings. voice-verified

Showing 521–540 of 644 · page 27 of 33