Which Way, L.A.?
Is the US Becoming a 'Rentership' Society?
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?"
By Warren Olney • • 1 min readHundreds 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?"
The full episode
4 of 4
Football and Freeways- 0:00Football and Freeways
- 13:16LA Coliseum Panel Close to Deal with USC
- 19:05How Mexican Food Conquered America
- 26:00Is the US Becoming a 'Rentership' Society?You’re reading this
The full episode
4 of 4Football and Freeways- 0:00Football and Freeways
- 13:16LA Coliseum Panel Close to Deal with USC
- 19:05How Mexican Food Conquered America
- 26:00Is the US Becoming a 'Rentership' Society?You’re reading this