The National Association of Realtors suggests 5 to 6 million new renter households will be created within the next 10 years. Despite decades of defining home ownership as the “American Dream” it seems renters aren’t in a rush to buy, preferring to stay put longer and rent. With 22% of renters in single family homes indicating they plan on living in their current rental for five years or more, Rent just may be the new Buy. This is good news both for apartments and individual rental properties. Take a look at some statistics: