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Real Estate


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November 26, 2021

More people renting single-family homes

By ALEX VEIGA
AP Business Writer

LOS ANGELES — Homebuilders and other real estate companies are increasingly betting that would-be homebuyers frustrated with a shortage of homes for sale and runaway prices will settle for renting their slice of the American Dream.

While individual homeowners and mom-and-pop investors still account for the vast majority of single-family rental homes, homebuilders have stepped up construction this year of new houses being built for rent.


 
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