Renters now outnumber homeowners in more than half of the states in the United States, and the trend toward renting doesn’t look like it’s losing steam, even as the housing market makes gains. Bloomberg News reports that 52 of the 100 largest U.S. cities were majority-renter...
Airbnb is considering a move into the long-term rental business, with Bloomberg Technology reporting that the company has asked McKinsey & Co. to research the market. McKinsey & Co. has reportedly performed a competitive analysis of Craigslist, which currently dominates the rental market in many cities....