Vulnerability and opportunity: making sense of the rise in single-family rentals in US neighbourhoods
Deirdre Pfeiffer,
Alex Schafran and
Jake Wegmann
Housing Studies, 2021, vol. 36, issue 7, 1026-1046
Abstract:
The growth of single-family rentals (SFRs) in the wake of the US foreclosure crisis has recently begun attracting overdue scholarly attention. The transformation of millions of single-family homes from owner- to renter- occupied over the past decade raises numerous important questions about the vulnerabilities and opportunities created by this historic tenure shift for both households and neighbourhoods. This research reports on the demographics and housing conditions of single-family renters and the characteristics and trajectories of high SFR growth neighbourhoods over the recent housing market cycle. We show that SFRs are distinguished by their high prevalence of children, particularly those living in poverty, and conspicuous lack of tenant protections. Further, SFR growth is most intense in racially diverse yet economically segregated neighbourhoods. Overall, these findings suggest the need for urgent policy responses to reduce vulnerabilities.
Date: 2021
References: Add references at CitEc
Citations: View citations in EconPapers (1)
Downloads: (external link)
http://hdl.handle.net/10.1080/02673037.2020.1739235 (text/html)
Access to full text is restricted to subscribers.
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:taf:chosxx:v:36:y:2021:i:7:p:1026-1046
Ordering information: This journal article can be ordered from
http://www.tandfonline.com/pricing/journal/chos20
DOI: 10.1080/02673037.2020.1739235
Access Statistics for this article
Housing Studies is currently edited by Chris Leishman, Moira Munro, Ray Forrest, Alex Schwartz, Hal Pawson and John Flint
More articles in Housing Studies from Taylor & Francis Journals
Bibliographic data for series maintained by Chris Longhurst ().