In this episode, Chris Seveney, CEO of 7e Investments, breaks down a long-term historical comparison of renting versus owning from 1970 through 2026 and explains why today’s cost imbalance matters for mortgage note investors.
Rather than focusing on headlines, Chris walks through decades of data to show how housing costs and rent tend to revert toward historical norms after periods of distortion. The core message is simple: Real Estate moves in cycles, and disciplined investors position themselves accordingly.
00:00 Buying vs Renting
00:50 Reading the Rent vs Own Chart
01:43 1980s Interest Rate Shock
03:50 Rents Rise and 1998 Crossover
05:09 2000s Bubble and Crash
06:43 Inventory Problem Not Homes
08:28 2012 Recovery to Pre Covid Balance
09:46 Covid Era Price Surge
11:39 Why Buying Makes No Sense Now
14:04 What It Means for Note Investors
16:47 Case Study Smokies Reality Check
19:27 Crystal Ball and Final Caution
20:44 Wrap Up
Chris Seveney, CEO & Co-founder of 7e Investments, brings over 25 years of real estate know-how. His journey with 7e started in 2016 when he jumped into acquiring and trading mortgage notes. Chris has built a portfolio of 500+ notes, totaling over $25 million, spanning different states. Before diving into mortgage notes, he had a standout career, managing a multimillion-dollar asset portfolio and overseeing property projects worth $150 million. Throughout his 25-year journey, Chris handled $750 million in new construction projects.
At 7e, Chris is a beacon of real estate excellence, known for his commitment to honesty and professionalism. His passion and determination make him a trusted leader, earning respect from partners and colleagues. Since the beginning of his career, Chris aimed to set industry standards and foster innovation. His leadership led to multiple award-winning teams, recognized for outstanding contributions to the field. Outside work, Chris, a father and avid Boston sports fan, adds a personal touch to his journey.
