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Not surprising. The businessmen at the OTHER end of the “Housing Market” take advantage of circumstances, too. Although I believe the obituary is a bit premature…..

Not surprising.  The businessmen at the OTHER end of the “Housing Market” take advantage of circumstances, too.  Although I believe the obituary is a bit premature…..

“US Rents Hit Record Highs As Homeownership Plunges To 18 Year Lows”

http://www.zerohedge.com/news/2013-07-30/us-rents-hit-record-highs-homeownership-plunges-18-year-lows

“The American Homeownership Dream is officially dead. Long live the New Normal American Dream: Renting.

…in the Northeast…median rent soared…to a record high of $961. …median rent in the Northeast…is now…above the median…rent in the West…”

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By Doug

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