EP#19 Chris Porter | How Demographic Shifts Impact Renting

This interview podcast, episode 19 of "The Rent Roll," focuses on housing demographics and their impact on the rental market. Host Jay Parsons presents recent data on population growth, age distribution among renters, and income trends, setting the stage for an interview with Chris Porter of John Burns Research and Consulting, an expert in housing demographics. The conversation covers suburban growth, the impact of immigration on rental demand, the trend of young adults leaving their parents' homes, and the evolving preferences of different age groups in choosing rental housing types (apartments, single-family rentals, build-to-rent). A key takeaway is that while national population growth in the core apartment demographic (20-34 year olds) may slow, specific regions like the Sunbelt states are expected to see continued growth, impacting rental demand. The discussion concludes with insights into the Midwest rental market as a potential area for future growth.