Daily News
From Home Furnishing Business
FastFact: Apartment Rentals Remain on the Increase
August 31,
2015 by in Economic News, Industry 
The housing industry fell during the great recession, and one sector benefited from it.
Apartment rentals have seen a massive increase since 2007, with rents growing 20 percent and vacancy rates plummeting to 6.8 percent. And, even though the future seems to hold a nice recovery for the housing industry, apartment rentals will continue to rise for now.
Over the last eight years, the heart of the millennial generation has aged into the prime rental age, and the group remain there for the next five. After that, however, the bulk of today’s largest living generation will be buying houses and moving out of apartments.
The complete FastFact is available to read online.