Home Business Blackstone to buy Home Partners of America, a Chicago-based single-family home rental company, for $6 billion

Blackstone to buy Home Partners of America, a Chicago-based single-family home rental company, for $6 billion

by staff

A January study by the Urban Institute expects home rentals to outpace home sales over the next two decades. Homeowner households are projected to grow from 80.2 million to 87.1 million by 2040, up 8.6%, while renter households are expected to grow from 43.7 million to 53 million, a 21.2% increase, according to the study.

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