Housing to Rental Housing

Single family homes were transitioned

The first surge of interest in these properties came from renters with children—some of them former homeowners—who wanted to live in spacious properties in family-friendly neighborhoods with good schools. By 2017, families made up 1 in 3 renter households, and 84% of new families with kids entering the rental market moved into single-family properties. Single-family renters became the fastest-growing segment in the market, with demand for single-family properties rising throughout every age group over 25 in the years following the Great Recession.

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