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He also rents properties in the area.
Broker Deirdre Seim rents properties in Louisville's upscale neighborhoods ranging from about $2,000 to $20,000 for the weekend.
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"Relative to rents, property prices tend to be high," she said.
Halvorson rents property to farmer Jon Charles Jacobson, who has received $423,019 worth of USDA subsidies over 18 years.
However, we struggle to get approved to rent properties.
So estates began to rent properties on short-term contracts instead.
Average percentage yields from rented properties are still in the high single digits, so demand persists.
We need the right kind of housing - social housing, truly affordable housing and social rented properties".
This in turn puts further strain on the number of people requiring affordable rented properties.
Build-to-rent properties tend to be put together more quickly.
A pilot licensing scheme for privately rented properties is planned to start in the city next spring.
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