BY THE NUMBERS
CHICAGO—Using US Census data, RENTCafe recently compared the number of people living in renter- and owner-occupied housing units in 2006 and 2016 to see how communities have changed. They found 22 big cities that became renter-dominated markets in the past decade, including Chicago. It boasted a 51.3% renter share in 2016 compared to 47.3% in 2006. When looking at actual numbers, the city added 84,852 more renters and lost 131,241 owners in the past decade or so.
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.