The Policy Signal Investors Are Actually Reacting To
Over the past few months, a noticeable shift has emerged in investor appetite across the build-to-rent (BTR) landscape — one driven less by fundamentals than by policy signaling.
The introduction of the 21st Century ROAD to Housing Act has added a new layer of uncertainty for institutional capital. While many of the provisions remain proposals rather than enacted policy, the headline risk alone has been enough to move markets.
