Relevant:
- Stop sugarcoating the housing market: Economist warns that buyers face increasing troubles
- Private Equity Firm Buys 5 Homes Per Day In Race For 'Awesome' Profits
- FHFA Will Sell Foreclosed Homes to Investors for Rentals
- Foreclosures jump as banks bet on rising house prices
- Can Turning Foreclosures into Rental Properties Save the Housing Market?
2012-04-14 — huffingtonpost.com
Why is the market for foreclosed properties-turned-rentals poised for a boom? In the aftermath of the housing bust, demand for owning homes has fallen, pushing rents up and home prices down. In response, everyone from big banks to smaller firms are increasingly taking advantage of the disparity by turning foreclosure properties into rental homes.
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