Renting a Home: It's a Great Time Not to Own

In today's housing market, the only sure thing seems to be renting a home. Consumers, investors and lenders are all entering or reentering the rental market in droves, making this subsector of the housing market prime for continued growth.

According to U.S. Census data, over 2 million people between the ages of 20 and 35 either moved in with a roommate or took shelter with family since 2005. With the addition of 874,000 jobs since last December researchers suggest that these people are ready to venture back out on their own, contributing to a surge in demand for apartments and other rental property.