Wednesday, June 01, 2005

I don't undertand my professor

Latest fad in housing: Buy, then rent | csmonitor.com
In some parts of the country, so many rentals are flooding the market that they are depressing monthly rental rates. That's good news for consumers. But it may portend something ominous for the housing market: If too many people decide to rent over buying, it could undercut the booming housing market.
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