Citing data from the Census Bureau’s recently released 2015 Rental Housing Finance Survey, Harvard’s Joint Center for Housing Studies says that while individual investors were the biggest group in the rental housing market in 2015, accounting for 74.4%, or 16.7 million rental properties, institutional investors own a growing share of the nation’s 22.5 million rental properties and a majority of the 47.5 million units contained in those properties.
“While individual investors (often called “mom-and-pop landlords”) still owned about three-quarters of all single-family rental properties in 2015, the share of those properties owned by institutional investors rose from 17.3 percent in 2001 to 24.5 percent in 2015.”
Click here to read the full study at the Harvard Joint Center for Housing Studies.