According to the National Association of Home Builders, more single-family houses are being built in the United States for rent, which analysts attribute partly to the housing affordability dilemma.
"When mortgage rates rise, and it becomes more difficult to buy a home, renting becomes a more attractive option," said Robert Dietz, chief economist of the NAHB.
According to NAHB, construction began on about 18,000 single-family, built-for-rent homes in...
