"How Renters Could Save the Housing Market Enticing real estate investors could help heal the housing market" "It might seem counterintuitive, but increasing rental activity might be the medicine the ailing U.S. housing market needs to get back on its feet. Virtually every corner of the industry has been languishing since the 2008 financial meltdown, and experts say even if the U.S. manages to... [more]
"How Renters Could Save the Housing Market
Enticing real estate investors could help heal the housing market"
"It might seem counterintuitive, but increasing rental activity might be the medicine the ailing U.S. housing market needs to get back on its feet.
Virtually every corner of the industry has been languishing since the 2008 financial meltdown, and experts say even if the U.S. manages to contain the domestic impact of the ongoing financial crisis in Europe, the albatross of a weak housing market will continue to drag down the economic recovery stateside.
In short, there will be no economic recovery without a housing recovery."
http://www.usnews.com/news/articles/2011/10/06/how-renters-could-save-the-housing-market[less]
Response by Riversider
over 14 years ago
Posts: 13572
Member since: Apr 2009
Well, more renters does drive up rents. And increased cap rates does make for attractive investor properties. Not sure how healthy it is to have the real estate market become heavily investor property driven, but that is what seems to be occuring, and also speaks to a greater concentration of wealth.
Well, more renters does drive up rents. And increased cap rates does make for attractive investor properties. Not sure how healthy it is to have the real estate market become heavily investor property driven, but that is what seems to be occuring, and also speaks to a greater concentration of wealth.