20 U.S. States With Most Investor Homes
Skift Take
Investor activity is particularly notable in Sun Belt markets with strong population and rental growth. In early 2022, 28% of home sales went to investors buying single-family homes.
Good morning! Is it a toasty Tuesday where you are? What’s on your calendar for this week? I am headed to London to moderate a panel on regulations at the Short Term Rentalz Summit tomorrow. Are you attending?
Onwards! In response to a surge in short-term rentals, British Columbia Premier David Eby has introduced legislation aimed at curbing "profit-driven mini-hotel operators." The proposed measures include new enforcement tools to address the expanding market.
What would change: If the new regulations are enacted, residents of British Columbia would be legally restricted to renting out only their primary residence and one additional secondary suite as short-term rentals. It's important to note that these restrictions do not constitute a complete ban on such rentals, and smaller municipalities are excluded from these provisions.
Stateside, we're looking at one thing that might change communities: investor-owned homes.
