With housing prices at all-time highs, renting is now less expensive than the monthly cost of home ownership in over 50 major US cities. Around the world, increasing numbers of individuals and families are opting to rent, even when they have the financial means to buy. Real estate analysts and Franklin Equity Group Portfolio Managers Daniel Scher and Blair Schmicker address the economic, demographic and lifestyle factors behind the global rise in rentership and the opportunities this trend creates for real estate investors.
Tracy Chen, Portfolio Manager with Brandywine Global, and Tim Wang, Head of Investment Research for Clarion Partners, join Head of the Franklin Templeton Investment Institute, Stephen Dover, to take a closer look at how the pandemic has impacted real estate markets in the United States and China.
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