Tuesday, February 23, 2016

Millennials Vie--Against Lopsided Odds--With Investors in Homeownership Bid

Young adults are sitting on the sidelines of the housing market for a number of reasons, but one of the biggest is investors who buy the homes they want and turn around and rent them out for increasing amounts. TIME staffer Martha C. White takes a look at this growing isssue, with one in four homes being brought by investors with cash.
While the number of investors buying homes fell their from their peak of almost one in three, they are still most likely to snatch up the starter homes young adults want.

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