Ben Bernanke’s Solution To The Housing Crisis: Renting Foreclosed Homes

Loren Berlin

Ben Bernanke’s Solution To The Housing Crisis: Renting Foreclosed Homes

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Loren Berlin

 

While millions of foreclosed homes languish on the market at lower and lower prices, new data supports the idea that renting out these foreclosed homes could be the long-sought solution to the housing crisis. Rental units are leasing quickly, and the vacancy rate for apartments is at its lowest level in a decade, according to data released Thursday. In many areas, rents are rising.
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