Will Rising Rents Spur Home Ownership?

Hi Gang,

A couple of trends I’m seeing in the housing market, especially on the coasts. First, a larger percentage of the affluent are trading in their high-end houses for rentals as a way to save themselves from a collapsing market. Second, with demand for rentals rising, supply has fallen leading many to anticipate higher rents.

Read about it at CNN.com

~josh

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