DAILY REAL ESTATE NEWS | WEDNESDAY, OCTOBER 26, 2011
Rising rents are forcing renters to outspend home owners on housing costs, according to a new study.
Since 2005, home owners’ housing expenses have climbed from 31.9 percent of their household budget to 33.2 percent. On the other hand, in that same time period, renters’ expenses [...]
Continue Reading →DAILY REAL ESTATE NEWS | WEDNESDAY, OCTOBER 26, 2011
Apartment rents and occupancies are nearing record highs as demand increases, particularly among former home owners who have faced foreclosure and are now forced to rent than buy. Nationwide, 1.5 million new rental households are expected in 2011 — which would be a record number, according [...]
Continue Reading →Noel Neo, provided by: Tuesday, October 11, 2011
The global economic recession of 2008 is often linked to the United States housing bubble and subprime mortgages. In the aftermath of the recession, there was much negative sentiment over the real estate sector and few were inclined to consider investments into the sector, in a positive sense.
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