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Why Wall Street is snapping up family homes(...) Economic cycles are inevitable. Rents are unlikely to continue to climb at a record pace. Yet history suggests that residential rents are more resilient than those from other property types, especially in periods when supply is tight. From 1974 to 1985, another period of high inflation, rents actually increased by 7-12% a year, notes Jay Parsons, an economist at RealPage, a data firm. Even as homebuyer demand crashed during the global financial crisis, demand from residential tenants did not waver. Although the housing splurge of institutional investors may calm a bit, it is unlikely to cease.