By Dees Stribling | MHN Online
Only about 10 years ago, the apartment industry was in a funk over the way people bought houses more than they ever had before. The federal government got some of the blame for encouraging home sales through a variety of policies, but whatever the drivers, homeownership was at record levels in those days, pushing 70 percent of households. In hindsight, those were unsustainable levels, especially in the face of a popped housing bubble and unemployment that rocketed up to around 10 percent during the darkest days of the recession. The pendulum swung to apartment dwelling, and remains there.
