Wednesday Wake-Up May 21 2025: Will the US always be a renter nation?
One of the ways I relax in the evening after a long day’s work is by watching YouTube videos.
But…not the ones with cute pets or music videos. I prefer to focus on continuing education. Which might seem an odd way of winding down, but hey, it works for me.
The other night I ran across Max Chernov’s channel, a foreigner living in Singapore who interviews successful experts, entrepreneurs, and opinion leaders from around the globe. The video that caught my attention was “Wealth Strategies of American Multi-Millionaire in Singapore”.
In this video Max interviews Donald Klip, a dual citizen of the US and Hong Kong who has been living in Singapore for nearly 10 years.
He’s a renowned entrepreneur. He’s being interviewed for his expertise on topics including geopolitics, investment opportunities in Asia and the US, and property investment strategies.
At the 39:44 mark, Donald discusses why rental property in the US will always be a solid investment.
He explains that due to persistent housing shortages, lack of affordability for many Americans, and consistent demand, the US rental market remains strong regardless of economic conditions.
Donald Klip emphasizes that these structural factors create a reliable investment opportunity for property owners in the American rental market:
- Persistent Housing Shortage: The US faces a significant and ongoing housing shortage, creating a structural imbalance between supply and demand that supports the rental market.
- Affordability Crisis: Many Americans cannot afford to purchase homes due to rising prices and economic constraints, forcing them to remain in the rental market regardless of their preferences.
- Consistent Demand: Rental properties in the US experience steady demand across economic cycles, making them a reliable investment even during market downturns.
- Geographic Advantage: Certain US regions offer particularly strong rental markets due to population growth, job opportunities, and limited housing development.
- Long-term Investment Security: The combination of these factors creates a rental market that provides investors with stable returns and protection against economic volatility compared to other investment vehicles.
Singapore boasts one of Asia’s most robust economies with a GDP growth of 4.4% in 2024, functioning as a global financial hub and attracting significant foreign investment.
The city-state has one of the highest concentrations of high-net-worth individuals in the world. There are approximately 3,000 ultra-high-net-worth individuals (those with assets over $30 million) and continues to be a preferred destination for wealth management in the Asia-Pacific region.
So, it’s interesting that a multi-millionaire like Donald Klip would have his sight set on the US rental market. Isn’t it?
You can access the full video here https://youtu.be/6Nz74s44wsQ?feature=shared or jump to the 39:44 mark.