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The newly released NYU Furman Center report on National Rental Housing Landscape, detailing the rise of rich households -- "those earning more than 120 percent of the metro median income ... " reveals a marked pattern in rental housing post-Great Recession, per CityLab.
What these numbers ultimately show is that contrary to convention, renting is gaining popularity among people who are seemingly well-positioned to buy a home. “We’re seeing a shift in the composition of renter households in the nation’s large metro areas,” Sewin Chan, an associate professor of public policy at NYU Wagner and co-author of the report, said in a statement.
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