Middle Market Rentals: Hiding in Plain Sight

With investors focused primarily on the upper segment and policymakers on the lower, the middle of the rental housing market has gone largely unexamined. Nonetheless, the 14 million units in this dynamic housing segment are home to some 35 million people of every family type, race, ethnicity, age, and occupation. In addition to providing families with moderate incomes a decent place to live, middle market rentals contribute importantly to the economy by generating construction, remodeling, lending, and brokerage activity, among other business opportunities…