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(English) Uncle Sam Wants You! – To Rent from Him

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4 comentarios
  1. Joe
    Joe Dice:

    Renting would be an excellent idea for everybody! There is no shame in renting instead of “owning”, and most “experts” would agree that it is cheaper to do so.
    Let’s start with the Veterans coming back from War. If a Veteran has a job or is a “20 year Veteran”, with a retirement pension, we should offer the rentals to them. At the same time, REALTORS are not making many sales right now, so the Realtors should be given the first opportunity to manage the properties and rent them, so that Realtors can make some money again. An “Independent” property holding company should be created by the Banks to hold, repair, manage, and rent the properties throught the Realtors. These properties should be “marked down” 20 to 25 percent while they are already rented, to create a real interest (no pun intended) from all individual investors to buy these properties.

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  2. Debbie Drummond
    Debbie Drummond Dice:

    I have a real problem with this. In Las Vegas, we are already seeing foreclosed homes that are turning into rentals. A large number of our monthly transactions come from investors who are buying homes, putting money into restoring them and putting them into the rental market.

    If the feds try to take over the properties, they will be in a position to rent without worrying about cash flow. Also, we run the risk of seeing the government paying $200 for that light bulb that needs to be replaced, where the private investor is going to buy them on sale at Home Depot or Walmart…

    Unfortunately, this crisis was caused in large part by politicians who were so anxious to increase homeownership that they forced lenders to come up with creative financing. Private investors are putting their own money at risk by paying cash or putting at least 20-30% down plus the improvements they make to the home. In putting their money at risk, the private investors are showing a tremendous amount of faith in our housing market’s eventual recovery. We should keep the government out of the rental program and let the free market work through this.

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