The report, titled The Shifting Nature of U.S. Housing Demand, stated investors who buy rental properties will lead phase one of the recovery, as opposed to buyers who purchase properties as their own residence.
However, Bart van Ark, chief economist at The Conference Board and co-author of the report, said the expectation for homeownership rates is not expected to change in the long-term...."
READ THE FULL ARTICLE HERE:
Housing Recovery to Occur in Two Phases: Demand Institute
Share on twitter More Sharing Services Share