Real Estate/Development
Jun. 14, 2013
REITs reap benefits from single-family rentals, so far
Real estate investment trusts acting as landlords for large clusters of single-family rental homes are planning initial public offerings with increasing frequency, but the sustainability of the "landlord model" has yet to be seen.
Daily Journal Staff Writer
In February of 2012, business magnate Warren Buffett bestowed a bit of his prized investment advice during a televised interview with a CNBC reporter. "If I had a way of buying a couple hundred thousand single-family homes ... I would load up on them ... It's a very attractive asset class now," he said. "I could buy a couple of them at distressed prices and find renters ... It's a lev...
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