With currrent crisis over Mortgage availability and collapse of the subprime market, What impact to do you it will have on the rental market?
2007-09-06 11:57:21 · 5 answers · asked by ebay_singh 2 in Business & Finance ➔ Renting & Real Estate
Every rental market varies locally. However as a national trend, you are going to see the rental market remain the same because of 2 factors:
1. The buying of homes has slowed dramatically. That means more people will need to rent.
2. More owners of 2nd properties can't sell them and will rent them instead to provide more rentals.
2007-09-06 13:01:08 · answer #1 · answered by Uncle Pennybags 7 · 0⤊ 0⤋
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2016-07-20 10:03:45 · answer #2 · answered by Leroy 3 · 0⤊ 0⤋
I think each locale has its own supply of rental units and demand for them.It varies from one city to another and from one section of the country to another.
I doubt if the collapse of the subprime market will have more than a 1% or 2% impact on the demand for rental units.
2007-09-06 12:10:56 · answer #3 · answered by ? 6 · 0⤊ 0⤋
Lots of foreclosed people moving back to apartments and rentals .
Could be a good time for landlords .
Some of them are overlooking a foreclosure if the other credit issues / debt are not bad .
(They do credit checks for apt rentals)
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2007-09-06 12:05:44 · answer #4 · answered by kate 7 · 0⤊ 0⤋
Rent To Own Home : http://RentToOwnHome.uzaev.com/?kkzY
2016-07-12 09:48:34 · answer #5 · answered by ? 3 · 0⤊ 0⤋