The percentage of households renting rose to just under 37% last year, according to Pew Research. That's vs. 31% in 2006, and just less than the 37% seen all the way back in 1965.
While the groups that have historically tended to rent - young adults, nonwhites, and the lesser educated - continue to do so, Pew found rising rates of renters among traditional buyers like whites and middle-aged adults.
The reasons are well-known - home prices are back on the rise, and wages aren't keeping up, particularly in the more expensive coastal markets.
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