Housing Bubble 2: Rental Properties

Investors are swarming to buy up foreclosed houses in Phoenix to rent out to tenants (Amid Housing Bust, Phoenix Begins a New Frenzy)

I wonder what will happen to monthly rental rates in Phoenix when all those surplus houses are converted to rentals.

I wonder what will happen to housing prices when rental rates start to fall and all the would-be landlords run for the exit?

I wonder what will happen to all the lenders to the would-be landlords?

1 comment:

  1. Located in a turnkey rental desirable neighborhood, this property features huge open floor plan, rental properties finished basement, large back deck and wetbar in basement.