Big companies that own single-family homes are raising rents at the fastest rate since they emerged from last decade’s foreclosure crisis, capitalizing on a rush for suburban housing.

Though millions of Americans are still struggling to pay rent and at risk of eviction, the bet on six-figure-earning suburbanites by companies such as Invitation Homes Inc. and American Homes 4 Rent has so far been pandemic proof.

Occupancy…

This post first appeared on wsj.com

You May Also Like

Drugmaker Aims to Offer First Over-the-Counter Birth-Control Pill in U.S.

A French pharmaceutical company is asking U.S. drug regulators to approve what…

Appeals court overturns order to house L.A. skid row homeless

LOS ANGELES — The 9th U.S. Court of Appeals on Thursday overturned…

VW Sets Price Range for Porsche IPO, Valuing Car Maker at Up to $78 Billion

BERLIN—Porsche shares are set to begin trading Sept. 29 in one of…

Justice Department to sue over Texas’ restrictive abortion law

WASHINGTON — The Biden administration is filing a lawsuit to challenge Texas’…