Comment by astrange
8 months ago
Almost no single-family houses in the US are rental properties. That's talking about apartments.
> Rent is profitable and the housing shortage is difficult to solve.
If a home is being rented out it's not contributing to the housing shortage though.
Missing the point. As long as an area has a shortage of housing rentals will likely remain a good investment.
That said I have to disagree that the housing shortage is difficult to solve, at least in a technical sense. It's due almost entirely to poor urban planning and infrastructure management. The problem is entirely political.
Then again, political issues can be some of the most difficult to make progress on so perhaps I agree after all.