Falling Rents Signal Deflation

By ANDREW JEFFERY This post first appeared on Minyanville. In recent months, headlines have been popping up noting that rents – finally – are beginning to follow home prices into the abyss. Since the housing market began to crumble, would-be homeowners were forced to become renters, keeping demand for rental units relatively strong even as home prices [...]

January 21, 2009 | Comments »