over the last 10 years that the U.S. has lost all of the homeownership gains of the previous 20 years.
Source: www.washingtonpost.com
Over the last 10 years that the U.S. has lost all of the homeownership gains of the previous 20 years. This is having a tremendous impact on rental market for single family rental REITs and multifamily owners, operators and developers.
Some reports are predicting homeownership rates to continue to fall making this one of the most all-time unprecedented runs in the rental market the United States has ever seen.
Florida continues to be one of the most prolific leaders in the rental market with an influx of nearly 1,000 new residents migrating every day and demand for quality rental product showing continued strength.