Part 3/8:
As pressures mount on Wall Street landlords to generate profits, many are opting to sell rather than hold properties. Rising costs associated with property insurance, taxes, and elevated interest rates have made owning rental properties less profitable. According to Redfin data, investor purchases in the U.S. housing market have plummeted around 50% over the past two years, reflecting the lowest levels since 2016. This decline is reminiscent of the precursors to the housing crash in the mid-2000s, suggesting that seasoned investors may sense an impending downturn before the average home buyer.