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GARY SHILLING Renters Will Dominate The Housing Market (news article)

GARY SHILLING: Renters Will Dominate The Housing Market For Another 4 To 5 Years

Business Insider
Thursday, 23 February 2012

GARY SHILLING: Renters Will Dominate The Housing Market For Another 4 To 5 YearsWhy buy a house when you can rent?

This is the mentality of many Americans.  Unfortunately, this isn't helping home prices, which continue look for a bottom.

Low mortgage rates and federal assistance are not getting Americans to buy homes in a material way either, writes economist Gary...


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Tracking Foreclosures Where You Live
Source: KSTP-TV Minneapolis, MN
News video: Tracking Foreclosures Where You LiveFor more than six years, the collapse of the housing market has sunk the country into the biggest economic downturn since the Great Depression...

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