19-12-2017 22:06 via rismedia.com

Changing Demand for Rentals Strains Supply

Demand for rentals is still strong—but what does it look like today, a decade after the recession?
According to America’s Rental Housing Report, recently released by the Joint Center for Housing Studies at Harvard University, demand is evolving. In the aftermath of the crash, demand exploded, and a large portion of rentals were single-family homes. Now demand, though largely out of necessity, is becoming motivated more by preference.
Americans who can afford to buy a home, for exampl
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