https://www.wsj.com/articles/b-wayne-hughes-built-a-self-storage-empire-now-he-wants-to-rent-you-a-mcmansion-11594373433Single-family homes are increasingly becoming rentals in America, thanks to firms like this. And right now during the pandemic they're on another buying spree. We need a change in zoning if Americans are going to own homes again.
>Few firms are better situated to benefit from this shift than Mr. Hughes’s American Homes4 Rent,which has about 53,000 suburban houses in 22 states and collects about $1 billionin annual rent from tenants who are typically pet-owning parents in their late 30s withsix-figure incomes. In May, its showings to prospective tenants were up 22% year overyear and more than 2,400 leases were signed, the most in a month since 2015. The AgouraHills, Calif. company is racing to add even more houses amid the current economicupheaval, including building thousands expressly to rent.>Families with school-age children were the prize. They were likely to stay in houses longerthan singles, willing to swallow annual rent increases if it meant not uprooting theirchildren from schools and neighborhood friends. 