Expect More Rental Homes with Federal Policy Shift

A major federal shift on housing policy will likely increase the number of rental homes and other rental units, making it easier for renters to find a place to live.

Abandoning the home "ownership society" of George W. Bush's presidency, the Obama administration has plans to pump $4.25 billion of economic stimulus money into creating tens of thousands of federally subsidized rental units around the country, including rental homes, according to a recent story in the Boston Globe.