Phoenix a top build-to-rent city

Photo via NextMetro Communities

By: AZ Big Media

After years of surging home prices and more renters staying away from a mortgage commitment, the construction of single-family homes built solely for renting is breaking records. And Phoenix is leading the way, ranking No. 2 in U.S. as build-to-rent homes reached a new high with a threefold increase in future units, according to a report from RENTCafe.

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