IDEAS home Printed from https://ideas.repec.org/a/kap/jrefec/v70y2025i1d10.1007_s11146-023-09970-z.html
   My bibliography  Save this article

Micro Evidence Relating to House Rents, Prices and Investor Size from a Matched Dataset

Author

Listed:
  • Jessica Rutherford
  • Ronald Rutherford

    (Muma College of Business University of South Florida)

  • Abdullah Yavas

    (University of WI Madison)

  • Lei Wedge

    (Muma College of Business, University of South Florida)

  • Marcus T. Allen

    (Alico Eminent Scholar, Lutgert College of Business, Florida Gulf Coast University)

Abstract

We examine matched rent-price ratios and rent transaction prices for single-family houses in Miami-Dade County between January 2009 and April 2014. The primary dataset consists of properties that are purchased and then rented within 240 days of the purchase. Each of the buyers in the sample are considered investors since each property included has a rental event indicating they are not owner occupied. We examine the relationship between housing and market characteristics and the impact active investors have on single-family rents and rent-price ratios. Entities that purchase the largest number of units pay more for properties, obtain marginally higher rent and obtain lower rent-to-price ratios.

Suggested Citation

  • Jessica Rutherford & Ronald Rutherford & Abdullah Yavas & Lei Wedge & Marcus T. Allen, 2025. "Micro Evidence Relating to House Rents, Prices and Investor Size from a Matched Dataset," The Journal of Real Estate Finance and Economics, Springer, vol. 70(1), pages 38-64, January.
    • Handle: RePEc:kap:jrefec:v:70:y:2025:i:1:d:10.1007_s11146-023-09970-z
    DOI: 10.1007/s11146-023-09970-z
    as

    Download full text from publisher

    File URL: http://link.springer.com/10.1007/s11146-023-09970-z
    File Function: Abstract
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1007/s11146-023-09970-z?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    More about this item

    Keywords

    Rent; Price; Large Investors;
    All these keywords.

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:kap:jrefec:v:70:y:2025:i:1:d:10.1007_s11146-023-09970-z. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.