Axiometrics data show that the percentage of households that are renting has been increasing for most age groups since the housing bubble burst in 2007/2008. There is one significant exception, however, and renting among this age group has in fact trended steadily, although not dramatically, downward since the mid-2000s: the youngest adults among the millennial generation, those born in the late 1980s and early 1990s.

Apartment Boom Helped Fuel Opus Bank’s Rise
FINANCE: Biggest in assets gives details in IPO filing
By: MARK MUELLER
Add Irvine-based Opus Bank to the list of local landlords, developers, land owners and other companies benefitting from the red-hot apartment market of recent years.
Opus, the largest bank based in Orange County, has made a bulk of its loans [...]

Quality Living Drives Advanced Management Company
Advanced Management Company is on a mission to improve living conditions, both for residents of its communities and its own employees.  A premier professional property management company, the firm serves more than 7,000 families in Orange County.
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http://www.ocregister.com/jobsearch/living-608085-firm-management.html