NAA Industry Insider: The Shift Is on From Home Buying to Home Renting

The Securitization Weekly Overview from Bank of America-Merrill Lynch is projecting a shift away from single-family home purchases to a rental housing market in the months to come. The forecast follows a recent Housing Wire report that more younger Americans are expected to flood the multifamily housing market after spending years in their parents' homes or sharing apartments with roommates. The general consensus is this younger demographic lacks the momentum to make the leap into homeownership due to two factors: job constraints and a general inability to obtain a mortgage.

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