Landlord Nation: Boomers’ New Retirement Plan Is Millennials Paying Rent - Bloomberg

Both the sales and rental inventories are tight, particularly in Incline Village.  Prices have naturally been forced upward with no relief in the near term.  The success of alternatives for affordability is front and center.  Airbnb is the leading rental alternative.  Also, a higher occupancy per rental unit, or sharing a purchase, brings prices down.

Link to entire Bloomberg article:  Landlord Nation: Boomers’ New Retirement Plan Is Millennials Paying Rent - Bloomberg:

“We can all agree that there aren’t enough homes to buy, but if you look at rental rates, you can also say there aren’t enough homes to rent."

"... the share of U.S. households that rent is at its highest level since 1965, leading Redfin's Kelman to wonder whether the growing class of new landlords has wrought permanent change on the country's housing market."

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