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Is the US a renter or home-owning nation? ….

Thursday, June 30th, 2011

Mixed messaging and news reports today on the U.S. housing sector …. Latest analyst projections show pent-up demand for rental housing in the wake of the credit crunch. Americans who rented out properties gained $3.3 billion in total income from that endeavour during the month of May, up from $2.9 billion in April, according to the U.S. Bureau of Economic Analysis.

But the latest New York Times/CBS News poll shows that nearly nine in 10 Americans say homeownership is an important part of the American dream – and they are keen on making sure it stays that way, for themselves and everyone else.