Reconstructing the American Dream: Identifying Cracks in the Foundation of What Home Ownership

Managing Director Derek Wyatt presented research from RCLCO and the ULI Terwilliger Center on the changing demand dynamics for family-oriented rental housing, in this presentation from the December 15, 2020, online webinar “Reconstructing the American Dream: Identifying Cracks in the Foundation of What Home Ownership Is and Who It Is Attainable For”.

As the millennial generation has come of age, the development community has largely responded by focusing on its youngest members. Often single, urban, and transient, these individuals have driven the construction of the luxury rental apartment buildings that now line the central business districts, mixed-use neighborhoods, and rapidly changing suburbs of most major metropolitan areas. At the same time, new development has often neglected one of the largest and most critical renter segments: Families.

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