Are Rentals the New American Dream?
Over the past few years, the face of typical American tenants has changed because of the housing market crash and impacts of foreclosure. Many tenants are older and have children and are looking for single-family units to rent instead of apartments. Investors who are aware of this shift are buying up homes in order to rent them to families who want to move into single-family homes but are not eligible to buy on their own. This important article explores how this trend will have implications on school districts, local businesses and home builders, as well as neighborhood home values. Read the article
SOURCE: USA Today