The American dream of homeownership is becoming increasingly difficult to achieve. Across the U.S., a severe housing shortage is driving up prices and creating a unique opportunity for savvy investors, especially Canadians looking for strong returns. At Streetwise Global Capital, we’re here to break down this complex issue and explain why it’s time to consider U.S. real estate.
The Perfect Storm: Understanding the Shortage
The U.S. housing shortage isn’t a new phenomenon, but it’s reached a critical point. Multiple factors have collided to create the perfect storm:
- Post-2008 Underbuilding: After the financial crisis, home construction plummeted and never fully recovered.
- Millennial Demand: The largest generation in U.S. history is entering prime homebuying years.
- Limited Existing Inventory: Homeowners with ultra-low mortgage rates are hesitant to sell and face higher borrowing costs themselves.
- Supply Chain & Labor Issues: Construction material costs and labor shortages further constrain new builds.
The Numbers Don’t Lie: A Growing Deficit
- 3.8 Million: The estimated shortage of U.S. housing units, according to Freddie Mac.
- 52%: The increase in the housing stock deficit between 2018 and 2020 alone.
- 300%: The unrealistic increase in new construction that would have been needed to meet pandemic-era demand, as per Fed research.
What Does This Mean for Canadian Investors?
- High Rental Yields: With more Americans priced out of buying, rental demand is surging. Cities like Oklahoma City, Pittsburgh, and Tampa are seeing double-digit rent increases.
- Long-Term Appreciation: The supply-demand imbalance points towards continued property value growth.
Streetwise Global Capital: Your Partner in U.S. Real Estate
Navigating this unique market requires expertise. Streetwise Global Capital specializes in providing Canadians with financing solutions for U.S. income properties:
- Foreign National Mortgage Programs: Tailored financing options designed for non-resident investors.
- Rental Coverage Programs: Qualify based on your property’s projected rental income, even without U.S. credit history.
- Expert Guidance: Our team understands the intricacies of the U.S. market and can help you make informed investment decisions.
Don’t Miss Out on the American Housing Boom
The U.S. housing shortage presents a strategic opportunity for Canadian investors. Contact Streetwise Global Capital today to explore available options and begin building your U.S. real estate portfolio.
