We’ve been looking for a house to rent (currently in a condo), and in every case so far, the landlord has been flooded with people interested, many of them coming from foreclosures.
A huge number of these people started out in apartments, “bought” houses they never should have qualified for, took out equity loans to buy stuff (furniture, dirt bikes, etc.), and now are unable to move back to an apartment because their stuff won’t fit.
I’m convinced that property management will be one of the few booming businesses in the near future.
