Renters Are a Growing Segment of U.S. Households
According to an analysis of Census data by the National Low Income Housing Coalition, the proportion of renters among U.S. households has increased steadily in recent months.
In the fourth quarter of 2008, there were an estimated 632,000 more renter households in the U.S. than during the same period a year before. In the same period, the number of homeowner households grew by 344,000. Thus, the proportion of renters in the U.S. rose to 32.5 percent from 32.2 percent the year before, the highest proportion of renters since the third quarter of 2000.