Two-Tier Economy Reshapes U.S. Marketplace

[William Byers]

Article from WSJ via MSN Money

"But rentals, the low-end of the housing market, are booming. Apartment construction has neared its fastest pace since 1989. Two of the nation’s largest home builders, Toll Brothers Inc. and Lennar Corp., have both launched multifamily construction divisions, each with around 5,000 units in the pipeline."

http://www.msn.com/en-us/money/markets/two-tier-economy-reshapes-us-marketplace/ar-AA8Idom