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The share of low-rent units dropped from 22% of the stock to just 16% in the past decade.
Harvard University’s Joint Center for Housing Studies (JCHS) recently released its biennial report on the state of rental housing in the United States (available here). The report analyzes trends and issues related to the changing nature of demand; the cost, character, and location of the stock; and the government policies that affect the supply of rental housing, both market-rate and subsidized units.