Renting the American Dream

The housing market has performed exceptionally well since 2020, with strong demand across the for-sale and rental markets. However, concerns over inflation and an abrupt change in mortgage rates since the beginning of the year has shone a spotlight on the cost of housing. While the full impact of elevated inflation on consumer behaviour and spending is yet to be determined, we believe it is crucial to assess the potential future impact on the housing market as the residential sector forms a large part of the global REIT universe.