Are Renters Doubling Up To Prepare For Economic Downturn
July 10th, 2008 • Related • Filed Under
If you are looking for apartments in Florida inventory of unused properties is rising according to a recent University of Florida study. With a weak housing market one would think that rentals would be doing well or people would be moving into the unused homes.
But the survey finds that instead people are doubling up, moving in with a roommate instead of having their own apartment. The fear of a weak economy must be causing renters to be more frugal.
“The biggest surprise is how notable the downturn in the state of the apartment market appears to be,” Archer said. “It could be that people are trying to save money by doubling up and sharing accommodations with roommates, reducing the demand for apartments.” via Axcess News
Well Tom, once again you have said it much better than I could have. Unfortunately the folks at Move, ...
It certainly does not bode well for a fast recovery in the economic climate. This will affect all real estate ...
I HAVE 25 YEARS EXPERIENCE IN TELECOMMUNICATIONS..HOW DO I APPLY AT KAI. 
Definitely not a fan of Move Inc.!!! 
A lot of you really need to go back to kindergarten and learn to spell correctly. If you cannot spell ...
In 2008, there was an extension to push first-time home buyers to purchase their homes quickly since the program did ...
I also need HELP and don't know what to do about my problem. I have a garden apartment off ...
I have the same situation. I sold my home in July and am scheduled to to close in a few ...
My cousin in Maryland going thru same thing as Jack Thomas. Have loan Mod Agreement from Countywide dated April 2009, ...
Print Ads is the popular way to advertise among seniors in the business industry but today it seems like it ...
Pingback by Where is the Market Really At | Real Estate Success Link on 10 July 2008:
[...] Feds Come out of Comma and Say Mortgage Crisis Worse Than They Thought Are Renters Doubling Up To Prepare For an Economic Down Turn ? [...]
Comment by Leisure City Real Estate on 24 July 2008:
This happening is a clear illustration of how hard times have struck everyone. It’s one way of making the most of the money that we are shelving out especially when it comes to rentals.