A new generation of renters — primarily millennials — is fueling the rise of the build-to-rent market. Faced with rising home prices and interest rates, many are opting for upscale rentals that offer the space and amenities of a single-family home. BTR starts have doubled in just two years and now make up roughly 10% of new single-family housing construction.
Millennials Drive Growth in Build-to-Rent as They Delay Buying
