Since the onset of the Great Recession in 2007 the homeownership rate in the United States has fallen by a considerable 4 percent, according to the Census Bureau. While the U.S. may not have become a nation of renters, that long-cherished and widely promoted American dream of homeownership appears to be less attainable and less desirable than it was a decade ago. This shift in housing demand has sparked a construction boom in the multifamily sector. Across the nation, developers are building ...
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