A house is more than a home: Why the law should discourage the shift to renting and the effects of the shift on nascent families.

"Generation Rent" is a term that denotes the trend of young people renting as opposed to buying housing. This, in part, is due to rising housing prices. This Note seeks to look at the potential effects of private "pushes" for an increase in renting and in the private equity firm ownership of Single‐Family Rentals. There are many negative tradeoffs between renting and homeownership in relation to family wealth over a long term. Several proposed solutions to this problem include using Tax Deductions to encourage buying and using Eminent Domain to attack concentrated housing ownership. Key points for the family court community: The US construction market for single‐family rentals ("SFR") housing hit an all‐time high in 2022 but is correcting as demand lowers.There is no state or federal law making it illegal for a private equity firm to buy housing on a mass scale.There are several laws that exist for taxing property that remains empty or vacant, but these do not apply to SFR.Housing is the most valuable investment for families and housing costs are among the largest costs for families.The current interest rate, 7%, is the highest interest rate in 20 years. [ABSTRACT FROM AUTHOR]