The stars are aligned to make 2012 an extraordinary year for rental income.  The decline in homeownership is translating into rising rents and the multifamily apartment sector, though booming today, was late catching the wave.  If it weren’t for the new investor-driven single family rentals in many markets, rents would be zooming even higher than they already are.The New Normal in Homeownership Creates DemandChanging attitudes towards homeownership have been pushing up rental demand since … [Read more...]