Since 2019, the so-called Build-to-Rent sector has exploded by 270%, and now represents 9% of all single-family construction. The metrics have changed: it is now more profitable to rent a house to you than to sell it to you in the first place. Affordability and availability have driven home-buyers out of the market, forcing them to rent. The trend seems irreversible, regardless of economic conditions. The current trajectory suggests the transformation will be complete by 2030.
The race to asset-based tokenization makes sense to Wall Street because it will deal a fatal blow to the debt-based financial system that the Federal Reserve has been operating since 1913. I can see this clearly now: sometime in the near future, remaining homeowners will be offered a cash-out deal for their house in return for handing over their title while offering a rent-back at a higher price. Debt will be eliminated and the asset-based economy will be born. ? Patrick Wood, Editor.