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AvalonBay Communities Inc. (AVB)
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Mid-America Apartment Communities Inc. (MAA)
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Sun Communities Inc. (SUI)
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Invitation Homes Inc. (INVH)
Q: The monthly cost of owning a home in the US is now apparently 40% more than renting. Can you comment on your view as to whether this fact sets up a buying opportunity for companies that provide rental properties in the US. Can you also suggest a few such companies to consider and provide your best pick therefrom. Finally for each suggestion could you indicate whether their residential focus is single family or multiple and which one you believe has the most upside ahead. Many thanks.