Will Renting Become the New Normal?
No one can doubt that the 2010s will be marked as a decade with the biggest decline in homeownership and the strongest growth of renters, but is it just a phase?
The Washington Post’s urban policy reporter Emily Badger wonders if the market’s steady tilt towards renters “represents a sane correction from the housing bubble, or an overcorrection that will only bring new problems.”
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