Report: No-Longer-Potential Homeowners Turn to Rentals in Housing Bust
Philadelphia Inquirer, June 5, 2016–Heavens, Alan J.
“Demand for rental housing has greatly outstripped supply, rapidly pushing vacancies down and rents up even as incomes fell,” said Lynn Fisher, vice president for research and economics with the Mortgage Bankers Association. “The supply is still trying to catch up with the demand.”