Home Builders Turn to Rental Apartments

squirtbert007 | Jan 25, 2013 10:37 AM ET All`s Fine....till Rent Day!

jescott418 | Jan 25, 2013 10:51 AM ET My problem with many home builders is that they don`t want to build cheaper homes. They want to build more expensive homes that have better profit for them. Can`t blame them, but the days of a lot of new home buyers being able to afford a new home has gone bye bye. If you can`t get a loan I guess renting is the only option available.

LoganMohtashami | Jan 25, 2013 10:55 AM ET Globalization Technology Debt Demographics They will all hamper DTI and liquid assets for the future. This is why all the big players in housing are coming out with a rental theme loganmohtashami/2012/04/02/housing-actions-speak-louder-than-words/ Logan Mohtashami

Speculate717 | Jan 25, 2013 11:09 AM ET Hey, the good paying jobs have been destroyed by the corporate state, so rent an apartment instead--just like the good old company store days. Man, this progress stuff is so amazing! This is chained CPI in action: when screwflation destroys your ability to buy a house, rent a noisy little apartment instead and pretend its an equal substitute.

handballforlife | Jan 25, 2013 11:10 AM ET I love it...now they`ll be competeing with the Hedge Funds who are renting on a massive scale

Storm-watcher | Jan 25, 2013 11:35 AM ET Well, we`re being forced down the road of Euro-style nanny statism. How many of them live in big, single-family homes? So, be happy with your 250 sq m flat--but, a very nice wide-screen TV, so you can stay up on the propaganda...

TEA_BAGGING_IDIOT | Jan 25, 2013 11:37 AM ET HA HA! Little late guys, apts are already way over built and this will surely bust when the cycle turns. WAY too many apt blds in the DFW area...this game ended 2 years ago. Now the home chucky builders want in on it? Good night.

tradereye | Jan 25, 2013 11:54 AM ET Apartment buildings of today for the beaten down and disappearing middle class will become the new tenements of tomorrow. (For those of you old enough to remember the FIRST Depression...). I was looking at a chart of the dow and the peaks, and we are EXACTLY percentage wise (growth spurt from downturn) to 1945.If that doesn`t scare you, nothing else will. I feel as if I am gazing in horror at a futurescape and no way to stop it........!

MilwaukeeMick | Jan 25, 2013 12:19 PM ET You build apartments for rentals and then keep raising the rent until everybody moves out. Then you turn it into condos to sell to the dopes for twice what it is worth. Then you buy it back for pennies on the dollar after the owner defaults and turn it into a rental. Then you keep raising the rent until everybody moves out...................

tradereye | Jan 25, 2013 12:25 PM ET MilwaukeeMick......absolutely true. In some "developments" you can see the second generation of rent/condo/default happening.....!






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Home Builders Turn to Rental Apartments

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