Home Rental Surge Continues

Bloomberg reports today that the rental market continues to grow at astonishing rates.

“There has been a dramatic shift toward renting,” Chris Herbert, research director of Harvard University’s Joint Center for Housing Studies, said in a telephone interview“. That’s even true in areas that are seeing an economic upswing, “At a time when many Americans are wary of buying a home or can’t qualify for a mortgage, rentals are gaining in cities that have relatively robust job growth, such as Seattle…”

This is absolutely the perfect time to buy, hold and rent. Cash flow is still king!

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