In a recent post, I asked a question about how the recent housing meltdown has possibly changed the American Dream. This article support something that I’ve long considered, that housing can be more than just a financial burden; that it can prohibitively anchor someone to a community with limited opportunities and be an albatross around the neck.
Example, much of the Midwest is filled with communities that thrived as long as the local factory was in town. Unfortunately, most of them have been shut, taking their tax breaks and headed over seas for cheap labor. Millions of people were stranded in houses they couldn’t afford and communities with little to no financial opportunity… and this was long before the housing crash!
If you haven’t yet started your rental portfolio, now might be a good time to consider landlording. But before you do, make sure to check out our newest release, call Landlording Confidentail by Jeff Watson. You won’t want to miss the expertise he shares from his 25 years of experience maintaining a rental portfolio.
Oh… and be sure to check out this article. See NPR.