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Rents should begin to decelerate as the demand for owner-occupied housing stabilizes and the supply of rental units increases.
NPR: Bernanke: U.S. Growth 'Moderate' as Inflation Rises
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During the 1980s the proportion of owner-occupied housing in Putney rose by a fifth, twice the national average increase.
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Later phases of the project will likely include commercial offices, retail buildings and both rental and owner-occupied housing, the developer and public officials said.
WSJ: Wyandanch Rising Tries to Undo Long Fall
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People under 44 own, again, just 15% of owner-occupied housing.
ECONOMIST: Social change
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Because the asset price method can lead to inappropriate results for goods that are purchased largely for investment reasons, the CPI implemented the rental equivalence approach to measuring price change for owner-occupied housing.
FORBES: Why QE2 Inflation Is Like A Tax On Disposable Income
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It excludes entirely the cost of owner-occupied housing.
ECONOMIST: Fighting America’s inflation flab | The
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Nearly 74% of the occupied housing units in Howard Beach are owner occupied, as compared with 33% in the city overall, according to the U.S. Census Bureau.
WSJ: Aid Shows Sandy's Reach
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If the portion of housing that is so privately owned, owner occupied that is, gets too high then the unemployment rate does indeed rise.
FORBES: Revitalising Britain's Private Rental Market
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While the big firms are likely lining their own pockets by doing so, Shiller says they are also doing a service by converting a chunk of the existing housing stock from (potentially underwater) owner-occupied to rental units.
FORBES: Case And Shiller Say Housing Is Better, Not Back To Booming