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The Housing Market through the Recession to Today: Owner Occupied Housing Vs. Rental Occupied Housing 2007 to 2015 YTD

October 12, 2015 by in General

This is the fourth factoid in a series of five factoids detailing the Housing Market’s recovery from the Recession and the potential for growth in both the Housing and Furniture Industries.

This factoid shows how the economy, housing bust, and changing demographics have affected the ratio of owner-occupied housing units versus rental-occupied housing units. The increase in rentals since 2007 has shifted the breakdown of housing units by 4.6 points – increasing Rental-Occupied to 36.5 percent of total units and decreasing Owner-Occupied to 63.5 percent in 2015 year-to-date.

Source: U.S. Census Bureau

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FastFact: Housing Shifts to Rental Propertieshttp://furniturecore.com/HFBusiness/HFBNow/ArticleID/13323/fastfact-housing-shifts-to-rental-properties.aspx