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Though the overall housing market remains bleak (or perhaps because of it), the rental income...

Though the overall housing market remains bleak (or perhaps because of it), the rental income generated by U.S. landlords is soaring, and has reached its highest share of GDP since the '70s. This, in turn, is fueling a strong rebound in multi-family apartment construction, though construction levels are still well below where they stood during the housing bubble's peak.
Comments (1)
  • WMARKW
    , contributor
    Comments (10263) | Send Message
     
    Well if you look at the accompanying charts, you will see where out "push for home ownership" got us. We have now been setback about 40 years to the late 60's when comparing rental income to GDP.
    30 Mar 2012, 01:52 PM Reply Like
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