Owning a home is still very much the American dream for many people, but in a lot of cases

it is no longer that.

People actually prefer the flexibility, but they still want to live in a single family

home.

And so rental of single family homes is a huge growth driver in the industry and there's

a huge demand for that and a demand for a consistent product.

And so I think that they are filling that need.

I'm Dylan Lewis and that's John Ziegler, CEO of Rent, a rental search platform that

was acquired by Redfin for $600 million back in 2021.

On today's show we've got two views of the residential real estate landscape.

We'll start with Matt Frankl's conversation with Ziegler where they discussed where

rents are cooling off and the areas that are staying hot, why this industry is begging

to be disrupted and the future of build to rent housing.

Red path of rent now recently became a part of Redfin.

Redfin acquired, you have to think earlier this year if I'm not mistaken.

How does rent fit into Redfin's ecosystem?

In other words, what's changed since the deal is closed other than your name?

Yeah, Redfin acquired the business in April of 2021, which is a little over a year ago.

And the thesis behind it really is that Redfin, if you're familiar with it, is an arpin

into the best, certainly consumer experience brokerage site in the market.

And what they want to be able to do is give people looking for a home, be able to be relevant

in that in every part of the journey.

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