(function(w,d,s,l,i){w[l]=w[l]||[];w[l].push({'gtm.start': new Date().getTime(),event:'gtm.js'});var f=d.getElementsByTagName(s)[0], j=d.createElement(s),dl=l!='dataLayer'?'&l='+l:'';j.async=true;j.src= 'https://www.googletagmanager.com/gtm.js?id='+i+dl;f.parentNode.insertBefore(j,f); })(window,document,'script','dataLayer','GTM-5WB8HLVL'); America’s Looming Rental Crisis? | Hamilton Zanze

America’s Looming Rental Crisis?

hamilton-zanze July 03, 2014

The number of renter households increased by over 500,000 in 2013, according to a study released by the Harvard University Joint Center for Housing Studies. Supply has not kept pace with the rising demand, pushing the U.S. rental vacancy rate sharply downward and steadily driving up rents over the last four years.

If rental demand continues to outpace supply—and homeownership rates suggest Americans increasingly prefer to rent—then upward pressure on rents will persist.

Read more at CityLab

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