Default Blog Page

 

Is America Becoming A ‘Renter Nation’

03/09/2017

2014-03-04-commercial-winds-of-change-rock-nova-image-weathervane

co.the-carnegiegroup

Big changes are happening in the home rental market that have the potential to affect your own home's value and your ability to buy a home in the future.

Traditionally, the business of renting single-family homes has been a local mom and pop operation. Thanks to a new Wall Street strategy, over these past few years big investors have purchased huge numbers of single-family homes and converted them into rentals.

As rents rise, it's difficult for renters to save enough for a down payment to buy a home, which deprives them of a proven path toward financial security.


Read full article here
Featured Resources