Housing Data
By Bob
I was combing through the Mortgage Banker's Commercial/Multifamily Quarterly Data Book
when I ran across the data below. It shows that the growth in housing units over the last 17 years occurred mostly in the owner occupied segment. In fact, there has been no growth in rental housing units in the 12 years. Not sure what to make of this, but it would appear that a booming owner occupied housing market is a negative for rentals. As far as broad economic implications, it probably doesn't say much.
