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

|By:, SA News Editor

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.