Apartment Rentals Now Make Up a Larger Share of New Housing Units in the U.S. Than They Have in Decades

NREI, October 17, 2018. “In the years after the Great Recession, millions of people lost homes to foreclosure and had to move, often into apartments. The extra demand for units was not expected to last more than a few years. However, today—more than a decade after the collapse of Lehman Brothers—the percentage of American households that own their own home is still near its low point. New households are still much more likely to chose to live in rental housing than in the years before the crash.”

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