It’s Not Your Imagination: Rent Prices Really Have Been Rising
Thanks to cheap home prices and mortgage rates at historic lows, it’s easy to argue that now is the ideal time to buy a home. But many would-be buyers are worried the market hasn’t yet reached bottom, and years of plunging home values and foreclosures have scared some off—understandably so. There’s one thing we can be fairly certain about, though: Based on rising rents, right now is a terrific time to be a landlord.
Read more: http://moneyland.time.com/2012/06/07/its-not-your-imagination-rent-prices-really-have-been-rising/?iid=pf-main-lede#ixzz1xg0VgwJV