[lbo-talk] housing bubble?

[Wojtek Sokolowski]

Jordan:
> 35% of the housing stock is rentals (if 65% of households live in the
> house they own ...).  This is a fairly stable number (though growing).
> Rentals are "investments" -- there's nothing new here. 

How is that measured?  At the value, square footage, or number of dwelling
units?

Wojtek