1 minute readA wall of worry gets thicker and taller. Investors clamor and throng – to the tune of reported estimates of $30 billion, $40 billion, $60 billion — into residential real estate’s every nook and cranny, seeking yield here because options of finding it elsewhere range from bleak to none.
The spectre of disequilibrium – too much capital, too little capacity, and too many barriers to expanding the capacity, at least for the near future – swells an uneasiness, especially among people who’ve weathered residential real estate’s storms past.
Of which there are enough – although, plenty of folks, especially in the hard-charging “ Many women had their work situation disrupted during the pandemic. Among those that dropped out of the workforce, a staggering 75% have not yet returned. Black and Hispanic women more frequently struggle to provide for their household and fear they will not recover financially in the next year — if ever. Generation X and younger respondents also struggle financially and feel stressed about the future.” Net, net, Freddie Mac research finds, three out of five single female heads of households conclude that homeownership has flitted from dream to non-reality. Again, women drive nine out of 10 home purchase decisions. So, who will buy becomes the more important question. The specter for operators, strategic players in homebuilding, development, and residential investment may seem to be the glut of capital pouring willy-nilly into the space. The more profound challenge is not that supply of capital; it’s the demand from residential investment’s principle decision-maker.Join the conversation
