Depreciating Homes Spell Good News for Renters

Posted on June 9, 2008 - Filed Under Real Estate Economics | 27 Comments

If you bought at the height of the housing bubble, in areas like Florida and California, you are probably shocked to learn that your house is worth much less now than what you paid for it. For renters, this is very good news. The arguments for owing versus renting have suddenly been turned upside-down as [...]

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