As more people move from having to rent, apartment vacancy rates fell quickly, from 8 percent in 2009 to 5.6 percent in the third quarter of 2011. That
The trend is just the beginning, concluded July reports from investment bank Morgan Stanley: the United States became a nation of tenants and home ownership will continue to fall. And that, say some experts, can be good for the country.
This dramatic change, triggered by the collapse of the 2008 housing, have shifted the
He may be on to something: many experts now challenges the conventional wisdom that has always preferred the sound of life. the journal of Economics of Real Estate, two researchers calculated that over the past 30 years, most often it would be better to rent rather than buy. The Renter who invested in stocks and bonds instead of home equity out ahead 75 percent of the time.