20070912

Will rents go up or down with current mortgage market

Picked up the topic at Curbed LA - Is an interesting discussion.
With the current meltdown in the mortgage market (Foremost people with bad credit) the question pops up if Rent will go up or down due to it.
So far it seems people think rent will continue to go up, mostly due to the people not being able to cover their mortgage and hence moving in to a rental instead.

Posted at 1:19 am,

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