{"id":605351,"date":"2026-05-21T12:50:00","date_gmt":"2026-05-21T12:50:00","guid":{"rendered":"https:\/\/buglecall.org\/?p=605351"},"modified":"2026-05-21T12:50:00","modified_gmt":"2026-05-21T12:50:00","slug":"renter-nation-returns-multi-family-unit-starts-permits-soar-in-april-2","status":"publish","type":"post","link":"https:\/\/buglecall.org\/?p=605351","title":{"rendered":"Renter Nation Returns? Multi-Family Unit Starts &amp; Permits Soar In April"},"content":{"rendered":"<p><span class=\"field field--name-title field--type-string field--label-hidden\">Renter Nation Returns? Multi-Family Unit Starts &amp; Permits Soar In April<\/span><\/p>\n<div class=\"clearfix text-formatted field field--name-body field--type-text-with-summary field--label-hidden field__item\">\n<p>On the back of a small uptick in homebuilder confidence (though still languishing)&#8230;<\/p>\n<p><a data-image-external-href=\"\" data-image-href=\"\/s3\/files\/inline-images\/bfmCE2B.jpg?itok=ulB6DPJ9\" data-link-option=\"0\" href=\"https:\/\/cms.zerohedge.com\/s3\/files\/inline-images\/bfmCE2B.jpg?itok=ulB6DPJ9\"><img fetchpriority=\"high\" decoding=\"async\" data-entity-type=\"file\" data-entity-uuid=\"784a1444-b5fe-4aae-9758-870f91b197f4\" data-responsive-image-style=\"inline_images\" height=\"314\" width=\"500\" class=\"inline-images image-style-inline-images\" src=\"https:\/\/assets.zerohedge.com\/s3fs-public\/styles\/inline_image_mobile\/public\/inline-images\/bfmCE2B.jpg?itok=ulB6DPJ9\" alt=\"\" \/><\/a><\/p>\n<p>&#8230;<strong>Building Permits jumped notably<\/strong> (+5.8% MoM vs +2.5% exp) in preliminary April data (while Housing Starts dipped 2.8% MoM, though less than the 5.2% MoM decline expected)&#8230;<\/p>\n<p><a data-image-external-href=\"\" data-image-href=\"\/s3\/files\/inline-images\/bfmDF70.jpg?itok=gMkUXOKh\" data-link-option=\"0\" href=\"https:\/\/cms.zerohedge.com\/s3\/files\/inline-images\/bfmDF70.jpg?itok=gMkUXOKh\"><img decoding=\"async\" data-entity-type=\"file\" data-entity-uuid=\"5f85e020-476a-4c0d-a0f0-194055364611\" data-responsive-image-style=\"inline_images\" height=\"311\" width=\"500\" class=\"inline-images image-style-inline-images\" src=\"https:\/\/assets.zerohedge.com\/s3fs-public\/styles\/inline_image_mobile\/public\/inline-images\/bfmDF70.jpg?itok=gMkUXOKh\" alt=\"\" \/><\/a><\/p>\n<p>The pace of starts and permits on a SAAR basis has remained flat for four years&#8230;<\/p>\n<p><a data-image-external-href=\"\" data-image-href=\"\/s3\/files\/inline-images\/bfm4E07.jpg?itok=mw8HNqw0\" data-link-option=\"0\" href=\"https:\/\/cms.zerohedge.com\/s3\/files\/inline-images\/bfm4E07.jpg?itok=mw8HNqw0\"><img decoding=\"async\" data-entity-type=\"file\" data-entity-uuid=\"ec5faf96-65f4-4ed6-83b5-d82b4029869a\" data-responsive-image-style=\"inline_images\" height=\"310\" width=\"500\" class=\"inline-images image-style-inline-images\" src=\"https:\/\/assets.zerohedge.com\/s3fs-public\/styles\/inline_image_mobile\/public\/inline-images\/bfm4E07.jpg?itok=mw8HNqw0\" alt=\"\" \/><\/a><\/p>\n<p>Multi-family unit starts and permits soared in April&#8230;<\/p>\n<p><a data-image-external-href=\"\" data-image-href=\"\/s3\/files\/inline-images\/bfm907C.jpg?itok=K19zxGzk\" data-link-option=\"0\" href=\"https:\/\/cms.zerohedge.com\/s3\/files\/inline-images\/bfm907C.jpg?itok=K19zxGzk\"><img loading=\"lazy\" decoding=\"async\" data-entity-type=\"file\" data-entity-uuid=\"fc4484f1-d85c-491f-b70c-480a337e90ae\" data-responsive-image-style=\"inline_images\" height=\"314\" width=\"500\" class=\"inline-images image-style-inline-images\" src=\"https:\/\/assets.zerohedge.com\/s3fs-public\/styles\/inline_image_mobile\/public\/inline-images\/bfm907C.jpg?itok=K19zxGzk\" alt=\"\" \/><\/a><\/p>\n<p>As single-family home starts stagnate&#8230;<\/p>\n<p><a data-image-external-href=\"\" data-image-href=\"\/s3\/files\/inline-images\/bfmD0C2.jpg?itok=hz1poEhq\" data-link-option=\"0\" href=\"https:\/\/cms.zerohedge.com\/s3\/files\/inline-images\/bfmD0C2.jpg?itok=hz1poEhq\"><img loading=\"lazy\" decoding=\"async\" data-entity-type=\"file\" data-entity-uuid=\"173bee21-bd39-4f63-b9e1-d6fecf26943f\" data-responsive-image-style=\"inline_images\" height=\"312\" width=\"500\" class=\"inline-images image-style-inline-images\" src=\"https:\/\/assets.zerohedge.com\/s3fs-public\/styles\/inline_image_mobile\/public\/inline-images\/bfmD0C2.jpg?itok=hz1poEhq\" alt=\"\" \/><\/a><\/p>\n<p>It appears builders believe that &#8216;Renter Nation&#8217; is on its way back.<\/p>\n<\/div>\n<p>      <span class=\"field field--name-uid field--type-entity-reference field--label-hidden\"><a title=\"View user profile.\" href=\"https:\/\/cms.zerohedge.com\/users\/tyler-durden\" lang=\"\" class=\"username\" xml:lang=\"\">Tyler Durden<\/a><\/span><br \/>\n<span class=\"field field--name-created field--type-created field--label-hidden\">Thu, 05\/21\/2026 &#8211; 08:50<\/span><img decoding=\"async\" src=\"https:\/\/assets.zerohedge.com\/s3fs-public\/styles\/inline_image_mobile\/public\/inline-images\/bfmCE2B.jpg?itok=ulB6DPJ9\" title=\"Renter Nation Returns? Multi-Family Unit Starts &amp; Permits Soar In April\" \/><\/p>","protected":false},"excerpt":{"rendered":"<p>Renter Nation Returns? Multi-Family Unit Starts &amp; Permits Soar In April On the back of a small uptick in homebuilder confidence (though still languishing)&#8230; &#8230;Building Permits jumped notably (+5.8% MoM vs +2.5% exp) in preliminary April data (while Housing Starts dipped 2.8% MoM, though less than the 5.2% MoM decline expected)&#8230; The pace of starts&hellip; <a class=\"more-link\" href=\"https:\/\/buglecall.org\/?p=605351\">Continue reading <span class=\"screen-reader-text\">Renter Nation Returns? Multi-Family Unit Starts &amp; Permits Soar In April<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":605340,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":[],"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":""},"categories":[18,19,10,21,12,11,9],"tags":[],"class_list":["post-605351","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cancel-culture","category-censorship","category-civil-liberties","category-election-integrity","category-equal-justice","category-free-speech","category-religious-freedom","entry"],"_links":{"self":[{"href":"https:\/\/buglecall.org\/index.php?rest_route=\/wp\/v2\/posts\/605351","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buglecall.org\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buglecall.org\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buglecall.org\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buglecall.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=605351"}],"version-history":[{"count":0,"href":"https:\/\/buglecall.org\/index.php?rest_route=\/wp\/v2\/posts\/605351\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buglecall.org\/index.php?rest_route=\/wp\/v2\/media\/605340"}],"wp:attachment":[{"href":"https:\/\/buglecall.org\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=605351"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buglecall.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=605351"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buglecall.org\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=605351"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}