And so was market volatility, which played a significant role in scaring retail investors into selling their mutual
fund holdings which in turn caused large mutual
fund managers to flood the market with inventory
at fire -
sale prices.
More than 14 million renters live in single - family homes in the U.S., but over the past year the sector has received much more attention from private - equity
funds and other institutional investors looking to build large pools of rental homes by purchasing foreclosures and other distressed properties
at fire -
sale prices.