This episode is the second in a two-part series that examines the pandemic’s impact on real estate. Part 1 focused on prospective home buyers, sellers, and existing homeowners. This episode, Part 2, addresses renters and landlords.
The conversation with host Lauren Murrow features a16z general partner Connie Chan, whose experience as a landlord herself fuels her interest in residential real estate and technology; Professor Richard Green, the director of USC’s Lusk Center for Real Estate, and Adena Hefets, the CEO of Divvy Homes, a company that allows people to build up equity while renting a home, with the option to eventually buy it.
We begin with the pressures on renters—and the uncertainty around federal relief measures—as well as the cascading effects on mom-and-pop landlords. Then we turn to the outlook for prices and volume in the rental market, particularly in large cities like New York and San Francisco. Finally, we discuss the opportunity for tech to solve outdated and inefficient processes for both renters and landlords.
For more a16z content on real estate and proptech, visit a16z.com/realestate.
Connie Chan is a General Partner at Andreessen Horowitz where she focuses on investing in consumer technology.
Adena Hefets is the Co-Founder and CEO of Divvy Homes.
Lauren Murrow is the Head of Special Projects at a16z, leading multimedia editorial packages and new initiatives in audio, video, newsletters, and digital design.
The a16z Podcast discusses the most important ideas within technology with the people building it. Each episode aims to put listeners ahead of the curve, covering topics like AI, energy, genomics, space, and more.