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Investors see rising profits from rental properties

December 18, 2012 @ 9:13 am

Rental income produced by residential properties rose 12 percent year-over-year in September 2012, CoreLogic reported.

"The rapid growth in rental income is a byproduct of fundamental shifts in the housing market, driven by a large increase in affordable investment properties and rising rents," CoreLogic reported.

This residential investment will contribute to additional economic growth.

"Overall market uncertainty can be reduced further by a reduction in mortgage risk, investment-driven economic recovery, and further clarity on housing policies, leading to more sustainable profits and outcomes for real estate and housing finance," according to CoreLogic.

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  • SickofSeattleite wrote...
    unless the investor
    December 25, 2012 7:45 am
    invested during the inflated housing boom...then they are underwater... where else are we going to go when we get foreclosed on? back to the rental market.....back to struggling to survive in our depressed economy....hmmm the politicians are not struggling...they are the only prosperous ones.....it used to be an honor to serve our country as a politician, now it is a cushy political career with all the perks at the taxpayers expense....
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