The Hidden Costs of Built-to-Rent Communities
The American Dream has long been symbolized by homeownership, a cornerstone of financial stability and personal success. However, an emerging trend in the housing market threatens this dream: built-to-rent (BTR) communities. While these communities offer modern amenities and convenience, they present significant economic dangers for renters and future homeowners, potentially eroding the foundation of homeownership for future generations. The Allure of Built-to-Rent Communities Built-to-rent communities are purpose-built housing developments designed exclusively for renting rather than ownership. These communities often come with appealing amenities such as fitness centers, pools, and communal spaces, making them attractive to a broad range of renters, from young professionals to families. The convenience and flexibility of renting in such a community can seem appealing, especially in a market where home prices are soaring. The Economic Impact on Renters While the upfront costs of re