2013-03-06 — mortgagenewsdaily.com
``Growth of foreign-born homeowners has increased in each of the last three decades, rising from 0.8 million new immigrant homeowners in the United States during 1980Â-1990 to 2.1 million added in 1990-2000, to 2.4 million added in 2000-2010. The report projects an increase of 2.8 million in the current decade (2010-2020).
Foreign born households are propelling growth in the rental market as well. These households peaked in aggregate growth in the 1990-2000 decade with a 2.3 million increase but slowed to a net increase of 1.6 million in the next years. The study projects a net growth of 1.3 million in this decade. ''
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