Just how dramatic has housing shifted towards rentals, in the last seven years?

Fifty-four percent of Houston residents now live in rental housing, up from 50 percent in 2006 and 41 percent in 1970; as if that weren’t enough, the renter population in Houston is up 14 percent in the last seven years, and while construction of rental units is up 12 percent, construction of owner units is flat.

Those were some of the findings in a hugely informative study from the NYU Furman Center, which set out to chronicle the U.S. trend away from ownership and towards renting; we’ve long heard that major U.S. cities were embarking on such trends, the Furman Center study has shed a new light on just how pronounced that transformation has been.

See our infographic below for more details: