DoubleLine's Ken Shinoda Foresees Continuing Strength in U.S. Housing

Rhea-AI Summary

On January 13, 2022, Ken Shinoda, co-portfolio manager at DoubleLine, expressed optimism for continued price appreciation in the U.S. single-family housing market in a Barron's guest column dated December 29, 2021. Shinoda argues that despite rising housing prices, Americans retain the capability to afford homes. This perspective offers insights into the potential resilience of the U.S. housing sector, underscoring a positive outlook amidst rising costs.

Positive

• Potential for continued price appreciation in the U.S. housing market.
• Indicates that Americans can afford rising housing prices.

Negative

• None.

LOS ANGELES, Jan. 13, 2022 /PRNewswire/ -- In a guest column published Dec. 29, 2021 in Barron's, Ken Shinoda, co-portfolio manager with Jeffrey Gundlach and Andrew Hsu of the DoubleLine Total Return Bond Fund, lays out his case for further price appreciation in the U.S. single-family housing.

To read the article, "Yes, Housing Prices Are Up. But Americans Can Afford More.," please go to this landing page: https://webreprints.djreprints.com/58760B.html 

About DoubleLine Capital LP

DoubleLine Capital is an investment adviser registered under the Investment Advisers Act of 1940. DoubleLine's offices can be reached by telephone at (213) 633-8200 or by e-mail at info@doubleline.com. Media can reach DoubleLine by e-mail at media@doubleline.com. DoubleLine® is a registered trademark of DoubleLine Capital LP.

The Fund's investment objectives, risks, charges and expenses must be considered carefully before investing. The statutory and summary prospectus contains this and other important information about the fund and may be obtained by calling 1 (877) 354-6311 / 1 (877) DLINE11 or visiting www.doublelinefunds.com. Please read the prospectus carefully before investing.

Mutual fund investing involves risk.  Principal loss is possible.

The DoubleLine Funds are distributed by Quasar Distributors, LLC.

View original content to download multimedia:https://www.prnewswire.com/news-releases/doublelines-ken-shinoda-foresees-continuing-strength-in-us-housing-301460719.html

SOURCE DoubleLine

FAQ

What is Ken Shinoda's outlook on U.S. housing prices?

Ken Shinoda predicts continued price appreciation in the U.S. single-family housing market.

What did Ken Shinoda say about affordability in housing?

He stated that despite rising prices, Americans can still afford homes.

When was the Barron's guest column published?

The guest column was published on December 29, 2021.

What is the relationship between DoubleLine and the housing market?

DoubleLine, through its fund management, provides insights and analysis on market trends, including housing.

What does Ken Shinoda manage at DoubleLine?

He co-manages the DoubleLine Total Return Bond Fund.