Build-to-rent business booming as Americans find it harder to buy homes
June 20, 2023
Record rental properties boom amid sky-high mortgages. "NBC Nightly News"
With high home prices and mortgage rates, many Americans are turning to rentals. CNBC’s Diana Olick has more details on why an increasing share of houses are being built specifically for renters in a booming build-to-rent business. See the full segment below.

A societal shift towards renting houses, driven by factors like rising home prices, economic uncertainty, and changing lifestyle preferences, is impacting the housing market, with more people, particularly younger generations, choosing to rent over buy. Here's a more detailed breakdown of the reasons behind this trend: