Industry Analysis & Industry Trends
Demand for the industry will remain relatively strong during 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 growth... purchase to read more
Industry Report - Industry Products Chapter
The Apartment Rental industry comprises firms that act as lessors of buildings used as residences or dwellings, including apartment buildings, single-family homes and townhomes. Owner-lessors are included in this industry, as are firms and individuals who rent property and then act as lessors in subletting the space to others.
Apartments are rental units situated within buildings or complexes with five or more units, while the townhome segment of the industry includes properties with two to four units, and the single-family home sector is comprised of traditional houses and leasable manufactured or mobile homes.
Rental units are generally differentiated by the type, style, size and location of the unit and/or the property... purchase to read more