The Coming Rental Housing Wave
Posted on Wed, Nov 02, 2011
Protracted Economic Distress in Housing Sector has Created Legions of Renters in New Markets and New Age Groups.The multifamily market is benefitting from changing demographics and consumer attitudes toward renting resulting from the growing number of financially stressed households. The increase in young and newly formed households that have decided to postpone or even reject homeownership in favor of the lower debt and flexibility afforded by renting during these last unsettled economic years.
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