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The buoyancy of rental rates is a very big force determining the direction of care inflation. (Porter, 2006) Apartment dwellers used to look at renting as a temporary stop along the road to the American Dream. As homes become out of reach, now apartments are a more long-term endeavor. Because of this change, vacancy rates are on the decline...
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As homes become out of reach, now apartments are a more long-term endeavor. Because of this change, vacancy rates are on the decline. Looking at the bigger picture, one may wonder what that means to the next generation. Most adults today were raised in homes with yards in neighborhoods were everyone knew each other...
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