“Shares of the biggest U.S. builders including Lennar Homes (LEN) and Toll Brothers (TOL) have soared during the past year, but investors appear more excited about renters than a return of homeowners. To date, construction of multi-family units destined for the rental market rose by 150% over the two years ending in the third quarter of 2012. That’s by far higher than the 50% rise of newly constructed multi-family homes for sale, and a 30% increase of single-family starts also for sale, according to Capital Economics.”
http://finance.fortune.cnn.com/2013/02/12/housing-rentals/
Related posts:
Cop Tasers 10-Year-Old Boy After Refusing To Clean His Patrol Car
America’s new target shooters: Younger, female and urban
Texas cops drag young, weeping jogger away in cuffs for jaywalking
Police Exempt from Red Light Cameras?
Muslim Brotherhood pushes for more protests after bloody ‘Day of Rage’
More modern monarchs choose not to rule until death
Fox Affiliate Explores Bitcoin, A New Trending Form Of Currency
I worked on the US drone program. The public should know
Drones in the sky over America
'Checkout Fees' Take Effect, Allowing Retailers To Add 4-Percent Surcharge
Marijuana Compound Fights Cancer; Human Trials Next
Yemeni journalist who reported U.S. drone strike released from jail
Family of slain Walmart shoplifting suspect want answers
FIDO: How a computer vest can help dogs 'talk'
Del. hospital doctor busted for selling illegal drugs for Bitcoins