The Rent Roll with Jay Parsons

Jay Parsons

All things rental housing -- headlines, commentaries and interviews on apartments, SFR, BTR, operations, investments, development, policy and more. read less
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Episodes

EP#9 Dallas Tanner | SFR REITs' Q3 Earnings Recaps & Outlooks
Nov 14 2024
EP#9 Dallas Tanner | SFR REITs' Q3 Earnings Recaps & Outlooks
Rental housing economist Jay Parsons breaks down the five key takeaways from the single-family rental REITs' third quarter earnings calls, and then welcomes in Invitation Homes CEO Dallas Tanner for a conversation on the evolution of SFR. Jay talks about what impact recent hurricanes had on the SFR companies, and how they're continuing to pivot away from buying individual homes and toward building new build-for-rent homes. He'll also talk about how new supply competition isn't just a multifamily phenomenon. Jay reviews recent headlines on rental housing -- including more on the potential impact of reduced apartment starts. Jay also brings back recurring segments like "Complaints Department" — dealing with a common myth around homeownership — and "Rental Housing Trivia." Later in the program, Jay asks Dallas about what he saw that others did not in the early days of SFR. Jay and Dallas talk about the evolution of institutional SFR, with public perception of the business shifting from rescuers to boogeymen. And Jay asks Dallas about the future of institutional SFR, and whether this shift toward build-to-rent is a point-in-time strategy or a permanent shift. ====================== 0:00 - Intro1:26 - Market data10:10 - Rental housing trivia 10:46 - In the news19:36 - New digs20:54 - Good question23:17 - Complaints department24:58 - Rental housing trivia answer 25:27 - Dallas Tanner intro26:35 - What did Dallas see in SFR?29:45 - Scaling 31:26 - Regulation and finding solutions36:51 - Who are SRF renters? 40:00 - Customer trends and strategy 44:32 - Home ownership53:40 - Outro
EP#7 David Brickman | Rental Housing 2024 Voters' Guides
Oct 31 2024
EP#7 David Brickman | Rental Housing 2024 Voters' Guides
Rental housing economist Jay Parsons provides an Election Day look at the rental housing platforms of Vice President Kamala Harris and former President Donald Trump, commentating on the potential impacts for rental housing investors and renters should either be elected. Later in the program, former Freddie Mac CEO David Brickman joins the show to preview his upcoming paper on the success story of multifamily — and looking at what other countries could learn from the U.S. model that has resulted in more housing availability for renters. David and Jay also talk about upcoming challenges facing the U.S. rental market, including the aging stock of tax credit and naturally occurring affordable housing, and what solutions might address that issue. David also opines on whether Fannie Mae and Freddie Mac should be allowed to provide construction financing to further spur new supply. Additionally, Jay breaks down headlines on California's Prop 33 and the potential impact of SROs (so-called "adult dorms.") And Jay also tees up a special Election Day edition of Rental Housing Trivia. ====================== 0:00 - Introduction1:47 - Presidential candidates on housing11:31 - Rental housing trivia12:25 - In the news19:49 - Good question21:06 - Companies department23:59 - Rental housing trivia25:05 - David Brickman intro25:47 - Paper on the success story of multifamily31:08 - Historical analysis34:10 - Construction financing37:50 - Fannie Mae and Freddie Mac41:35 - Rental market concerns46:07 - Solutions50:45 - Outro