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 Balanced Housing - Housing Counseling Testimony Before House Subcommittee on Housing and Community Oppurtunity 

3/18/2004 
NAA/NMHC 

Not only does America need apartment homes, but a growing number of Americans want them. As American lifestyles have gotten busier, young professionals and empty nesters who could afford to buy are choosing to rent instead. They want the conveniences, amenities, shorter commutes and financial freedom that renting provides. Consider this: over the past five years, the fastest growing segment of apartment renters has been households earning $50,000 a year or more.

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