The vacancy sign is blazing over house divisions across the US. About 1 in 10 houses in America have no one living inside them, according to new data from the Census, CNBC reports. (Update: while technically correct, this number includes other kinds of properties like abandoned farm house. The more typically used number, the home-vacancy rate, is 2.7%, up from 2.5% the previous quarter).
What this could mean is that more households are choosing to rent rather than buy. (To see if that’s cost-effective for you, check out this chart). With the housing Armageddon of the past few years, you can hardly blame them for sitting it out.