Rental housing markets: Musical chairs, with fewer chairs.

The article discusses the rental housing market in Minneapolis, Minnesota and its local and global economic implications. The U.S. Census Bureau states the declining rate of homeownership and an increase in the rental industry. It notes the effects of the 2001 recession and the economic crisis on the rental markets' rates and revenues. Several charts are offered which includes homeownership rates, rental vacancy rates, and multi-family housing permits.