Sunday, June 22, 2014

Sober Look — Rental home shortage is America's next housing crisis

Economists, politicians, and the media continue to focus on slow home sales as an indication of weak housing markets. But they are simply "fighting the last war". The looming crisis is not about how often homes change hands, but about the shortage of rentals and the rising cost of shelter that the new generations of Americans will increasingly face.
Sober Look

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