The recession has hit the exurbs and the new keyword is rental area.
WSJ: In the Exurbs, the American Dream Is Up for Rent
The exurbs were among the fastest growing counties during the boom -- entire civilizations built around the idea of owning real estate. With home prices falling and unemployment rising, more people are renting -- just as they had before the boom -- and turning the community into a rental economy.
No comments:
Post a Comment