Hundreds of thousands of foreclosed homes look like a good investment — not for re-sale, but for rentals on a massive scale. In Riverside, California, an area hard hit by the housing crisis, one company is buying up five to seven foreclosed homes every day. Will George W. Bush's "ownership society" morph into a "rentership society?"
Is the US Becoming a 'Rentership' Society?
Motoko Rich - New York Times - @motokorich, Barry Zigas - Consumer Federation of America - @zigassoc, Sharon Kinlaw - Fair Housing Council of the San Fernando Valley, Rick Sharga - Carrington Holdings - @ricksharga, Cheryl Russell - New Strategist Publications - @TrendCop