Major Rental-Home Companies Set to Merge as U.S. House Prices Recover

Date: 
Thursday, August 10, 2017
News Source: 
The New York Times
Image: 
Short Content: 
After the housing market collapsed more than a decade ago, new investors poured in to buy foreclosed homes and rent them out. Now, a $4.3 billion deal suggests that the bargain-hunting binge in housing is finally over. Two of the biggest institutional single-family landlords in the United States said Thursday that they planned to merge, an indication that the housing market has recovered much of the ground it lost in the financial crisis.
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