This is an interesting video courtesy of the Wall Street Journal discussing the economics of buying a home versus renting in today's real estate market. When housing hit the skids, and the economy was thrown into recession, there has not been a lot of building in the residential segments targeting renters. Home ownership has fallen over the last few years and this has pushed millions of former owners into the lease market as well. The economics of supply and demand are in play and rents are rising. The housing … [Read more...]
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