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Single-Family Rental REIT Same-Home Turnover

91 (5)

Per John Burns:

“2 reasons that 77% of renters are renewing their leases now - by far the highest since we began tracking this.

1- Rent renewal rates are increasing, but rents on vacant units are increasing even faster, so people renew.

2 - Home buying costs have soared, so people keep renting.”

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