Share of Housing Construction as Rental Apartments at Highest Level in at Least Four Decades
By
Conor Dougherty
Updated March 9, 2014 8:43 p.m. ET

Devon Stansbury, shown, chose to rent an apartment when she moved to Dallas in December 2013. Kael Alford for The Wall Street Journal
The share of new homes being built as rental apartments is at the highest level in at least four decades, as an improving jobs picture spurs younger Americans to form their own households but tighter lending standards make it more difficult to buy. [WSJ]
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