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Alex Handley

RE/MAX Preferred Homes
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Rising rents mean bad news for renters, economy

May 8th, 2012


From Housingwire.com "With the number of families who have left their homes due to foreclosure, rental properties are continually scarcer. This — if you believe in supply and demand — means higher rents.

Information released by the U.S. Census Bureau on Monday indicated that housing vacancy rates declined in the fourth quarter as more people moved into rented homes. The proportion of families renting has now reached a 15-year high, while homeownership reached a 15-year low. "

Find the complete article
here.


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Disclaimer : The views and opinions expressed in this blog are those of the author and do not necessarily reflect the official policy or position of the Houston Association of REALTORS®

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