The number of renters in the U.S. reached 109 million in 2017 (34% of the population) which was due to a lot of factors including affordability and lack of available inventory. The NAHB’s Eye on Housing recently crunched the numbers (from the 2017 American Community Survey) to examine the types of rental structures people live in and their spatial distribution. Specifically they broke it down into 4 categories: Detached Rental Housing, Attached Rental Housing, and Large Rental Housing (Buildings with 50 plus units).
Click here to read the full report at the NAHB’s Eye on Housing.
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