With all that was going on, investors buying up properties to rent represented a lifeline to banks, the housing market, and local economies.
CBRE provided NREI with an exclusive sneak peek at its 2020 Real Estate Market Outlook report.
New single-family construction starts rose by 3.8 percent during the month.
Elizabeth Warren criticizes Blackstone for buying up foreclosed multifamily buildings and single-family homes after the housing crisis.
As many markets become oversaturated with self-storage properties, investors are seeing falling rents.
Rents in the sector are expected to go up even in the case of a downturn, industry sources say.