In Minneapolis, the Majority of Households are Now Occupied by Renters – When the housing bubble burst and the economy entered recession, many homes went into foreclosure as owners. would have had money to buy homes now rent instead. In the Twin Cities region.
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Forget Luxury Apartments; the Hottest Rentals Are Single-Family Homes – The abodes were often fixed up and then rented out to tenants who had lost their own homes to foreclosures or short sales. There were 26 million apartments for rent, compared with 15 million single.
An affordable housing movement is rising from the wreckage of the foreclosure crisis – “Renters Week of Action” was partially inspired by a report put out by the Right to the city alliance (rtc) highlighting solutions to the problems tenants now face after the foreclosure. color rent.
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Private Equity’s Foreclosures for Rentals Net 8%: Mortgages – So they set up a company with $1 million of their own money and acquired 26 houses during the next six months. From the outset, the duo applied technology to a business rooted in the shoe-leather.