Hispanics, Echo Boomers fuel demand for rentals

Posted on: April 13th, 2007
Filed Under: [ Business ] [ Hispanic News ] [ Real Estate ]
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“The “renter pool” will increase by 1.8 million households in the next eight years, the multifamily council said. Hispanics and “Echo Boomers” will account for most of the increased demand.

Forty percent of Hispanics are now living in the suburbs in families that include three generations ”” not only children, but grandparents, as well. Builders need to provide more bedrooms in their apartments and include activities for children in their amenities.ies.”

Source: http://www.palmbeachpost.com
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