Industry Analysis & Industry Trends
Demand for the industry will remain relatively strong over the next five years as homeownership rates stay flat. Furthermore, sustained unemployment will cause consumers to rent more instead of buying. US demographic changes, particularly regarding population trends and marital rates, will likely limit demand for homeownership, supporting modest industry growth... purchase to read more
Industry Report - Industry Key Buyers Chapter
The Apartment Rental industry is mainly composed of small, independent lessors, with the top four companies accounting for less than 5.0% of industry revenue in 2014. This leaves the remaining 429,347 firms to compete over the remaining market share. Nonemployers (usually those who rent out their own residential property or manage small buildings) are expected to account for about 88.6% of establishments in 2014; however more than half of the industry's revenue will be generated by larger firms with employees.
Prior to the recession, larger players aggressively expanded their real estate portfolios by leveraging assets and issuing equity... purchase to read more