But some tenants who rent from corporate landlords dispute this, alleging substandard services and excessive rent increases. "Residential real estate provided an obvious alternative and one that has only become more attractive since the pandemic," he told CNN Business. Real estate analytics firm Green Street estimates that single-family rental values in the United States are 15% above their pre-Covid level. Residential real estate has only become more attractive since the pandemic." An aerial photograph of a Lennar Corp. development of single-family homes in San Diego, California, taken on September 1, 2020.

Source: CNN August 02, 2021 08:26 UTC