According to Barron's, the share of US households owning their homes will fall 64% by 2015, which is great news for landlords. The drop in home ownership will be driven by demographics and economic conditions combined with government policies aimed to make it harder to get financing.
"Roughly 10 million extra folks could be moving into rentals over the next five years."
For more read the following article:
Renter Nation
by Gene Epstein
Tuesday, July 27, 2010
Tuesday, July 27, 2010