Rent-to-own startup Pathway Homes plans to spend an initial $750 million acquiring houses on behalf of its customers, who will lease the properties with the option to purchase them.
More than a third of people surveyed by Zillow said it’s tougher to purchase a home than to find a spouse in today’s market.
Among the roughly one-fifth of older Americans who rent their homes, spending on shelter accounted for almost half of overall expenditures.
Amenities like reliable high-speed Internet, more space and soundproofing have become more important to apartment tenants.
Apartment builders are being aggressive, though supply chain disruptions are still a factor in keeping projects on schedule.
New home purchases rose by 11.9 percent in December compared to a month earlier, to an 811,000 annualized pace.
Nitin Chexal launched Palladius Capital Management in early 2021. Today, the firm has already deployed 85 percent of its first fund.
