Biggest build-to-rent communities coming soon in the Houston area

Several developers started their first-ever build-to-rent neighborhoods in Houston last year and will begin offering new options for renters in 2023 as houses hit the leasing market across the suburbs.

The build to rent sector has gained traction over the last several years as renters, similar to buyers, sought out more space in suburban locations. As the housing market grew more competitive during COVID, bidding wars drove up the prices of starter houses. The purpose built single-family rental houses, which frequently come with yards, garages and common amenities, offer the lifestyle of living in a planned suburban community near good schools, without the long-term commitment of a mortgage.

Wan Bridge is developing its Pradera Oaks, its largest property to date, in Bonney, a village along Texas 288 in Brazoria County. The development, being completed over three years, will contain homes sized renting from $2,195 to $2,475 a month. A lake, jogging trail, dog park, playground and a splash pad are planned.

The American Dream renegotiated: where you can one day hope to rent a home.

Translation: The builders fucked up and the market has turned - So they are now going to try to rent unsold inventory as its completed. Same thing happened in 2009....

Say no to Heil Biden

blackrock and the like dont like generational wealth.

Disgusting

This is HORRIBLE news actually.

Wrong on SO many levels

Investors are creating perpetual renters.

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