Martin Hutchinson wrote a good post today. He stated that the weak U.S. housing market and high inflation, despite their negative effects on the economy have actually created a promising opportunity for rental real estate investing.
Truth be told, we’re not going back to 69% homeownership rates anytime soon. With mortgages steadily harder to obtain, more would-be homeowners are renting.
Check out the details here:
http://moneymorning.com/2011/07/13/how-to-find-best-market-for-rental-real-estate-investing/