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The for-sale, for-rent model

from Builder Magazine

George Casey writes: Over the past several years, I have watched companies such as Waypoint Homes (now Starwood Waypoint), American Homes 4 Rent, and other deep-pocketed investors move from just acquiring foreclosed existing single-family homes to figuring out how to do neighborhoods of new single-family homes for rent. Builders said it wouldn't work long-term. But it did. The group-think of home builders blinded them to a new opportunity that was there and actually fell into their wheelhouse. more

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