It has become very tough to obtain credit to buy a house right now and, as everyone knows, there are so many foreclosures. Do you think there will be a lot of demand for rentals now and the rents will go up? I remember times when you could not find an apartment.Answer Question
Answer by Rebecca7708 at 7:33 PM on Dec. 11, 2008
Answer by foreverb3 at 9:39 AM on Dec. 12, 2008
Answer by Tetona at 11:26 PM on Dec. 12, 2008
My parents own 17 rental units and they are all full. In fact, it is the first time since owning them that they have all been rented at the same time. So, yeah, I think that there will be a good demand on rental property. As far as the cost of renting going up, I am sure it will. Everything else has gone up. My dad has always said that the weekly cost of daycare runs even with the weekly cost of renting a place. So far, he has always been right about that.
Answer by JeremysMom at 12:24 AM on Dec. 16, 2008
Answer by sidzwif at 5:02 PM on Dec. 18, 2008