Archive for July, 2011
U.S. Moves Toward Home ‘Rentership Society,’ Morgan Stanley Says
Posted by Jerry in Apartments on July 20, 2011
By John Gittelsohn -Jul 20, 2011 12:43 PM PT The U.S. homeownership rate has fallen below 60 percent when delinquent borrowers are excluded, a sign of the country’s move toward a “rentership society,” Morgan Stanley said in a report today. The national rate, which stood at 66.4 percent at March 31, would be 59.7 percent [...]