Study Examines Why Growing Numbers of Renters are Choosing Single-Family Homes

A report by the Terner Center at the University of California Berkeley, The Rise of Single-Family Rentals after the Foreclosure Crisis, examines the growing number of renters of single-family detached homes. A recent survey of single-family renters indicates their choice was influenced by their preferences for privacy, parking, home size, a yard, and private laundry. The majority of them hope to become homeowners within the next five years but face financial barriers to doing so. More than half had previously owned a home, 26.5% of whom had been through foreclosure.

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