30
Aug
2012

Your Home May Be Your Castle, But Your Rental Unit Is Not

Multihousing News Magazine

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PUBLISHED ON: August 30, 2012

The rental market for residential housing is an unexpected beneficiary of the nationwide mortgage crisis. Demand for rental housing is at a high, with rental units filled with one-time homeowners who recently lost their own houses to foreclosure.

Many of these new renters have long been accustomed to using their living areas as they see fit. As homeowners, they could – if they chose to do so – take advantage of spaces under floorboards, behind drywall or in between ceiling joists. Except for highly unusual situations, their homes were their castles.

Read the full article: Your Home May Be Your Castle, But Your Rental Unit Is Not