As a follow up to my article on Las Vegas rentals I found this and wanted to link to it.
Economists are calling apartment rentals the next boom market according to Stan Humphries, Zillow’s chief economist. 1.2 to 2.2 million people are “transitioning out of homeownership and into the rental market” after experiencing some life changes, perhaps foreclosure, that keep them from owning property.
Demands for Las Vegas rentals is up as is demand for apartments in cities across the nation.
Some analysts fear that there might be an over building of apartment complexes which could create a problem just as it did in the residential market a while back according to http://rejournalonline.com/analysts-call-rentals-the-next-hot-market/854014/.
How about you? Any luck finding Las Vegas rentals? Comment below.
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