Summary: <p>The American Dream of owning a single family home is looking more and more like a landlord's game — and the rest of us are just renters.</p> <p>Homeownership is lower than it's been <a href="http://qz.com/393513/your-rent-will-not-go-down-soon/">in over 20 years</a>, and the stock of apartments and houses for rent is getting competitive as the share of households renting is at a <a href="http://www.jchs.harvard.edu/sites/jchs.harvard.edu/files/jchs-sonhr-2015-ch5.pdf" target="_blank">20-year high. </a>In New York City, only <a href="http://www.nycrgb.org/downloads/research/pdf_reports/15HSR.pdf" target="_blank">3.45 percent of rental properties </a>are up for grabs. With so many people looking to rent so few apartments, that's helping to drive up rents.</p> <p>But even so, home sales are <a href="http://www.marketplace.org/topics/economy/existing-home-sales-rise" target="_blank">rising </a>to nearly <a href="http://www.realtor.org/news-releases/2015/06/existing-home-sales-bounce-back-strongly-in-may-as-first-time-buyers-return" target="_blank">six year highs, </a>who's buying? Sure, there's been an increase in first-time buyers, but increasingly, Wall Street private equity firms are buying up properties and turning them into rentals. </p> <p>Money Talking host Charlie Herman asks <a href="http://time.com/author/rana-foroohar/">Rana Foroohar</a> of Time and <a href="http://mashable.com/people/heidimoore/">Heidi Moore</a> of Mashable what a renter dominated market means for the country.</p>
