Rising home prices are keeping prospective buyers out of homeownership — and some investors say it could be good for the rental market.
High demand, low supply and low mortgage rates have driven up home prices to historic highs this summer. And for every $1,000 price increase, some 150,000 potential buyers are priced out of a home purchase — keeping them in the rental market.
Read more...US will ‘become a renter nation,' says real estate investor via Yahoo News
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