Harvard University’s annual study of rental housing was on the industry’s radar again this past week, as Lloyd Jones Capital CEO Chris Finlay sent out an open letter via email, summarizing his impressions of the study. Originally published this past December, the study from Harvard’s Joint Center for Housing Studies notes that renter households now number nearly 43 million out of 116 million US households.
“Renters now represent 37% of all households, the highest number since the mid-1960s,” Finlay writes. “That’s a lot of renters, and they need decent housing.”
Whether the supply of decent housing will be there to meet the demand is another matter.
Read more...Can Apt. Supply Meet the Coming Demand? | GlobeSt.com
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