Letters to the Editor
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rental figures
Are there also more people looking for rental properties? I'm kind of curious. Given the apparently high number of "risky" people who have had to forclose (actually, a high number of "not so risky" people as well) and now have shot credit ratings, will there be an upturn in the number looking for places to rent now that they can't buy?
And if there are, why are there so many vacant houses? Are they, as a few posters stated above, McMansions? Far from urban work-centers, or simply so large than an individual or young couple would have little interest in renting?
Am I just deluding myself, or is this a great time to buy an investement property and rent it out? (Once that is designed for rent, like a 2/3bdr townhouse).
Anyhow, whats with all those vacant houses? The stats need more of a rundown as far as what TYPE of houses and WHERE.