"Stormin Mormon" wrote in message
...
If it's true, that unemployment is coming down. The housing market should
be
just fine. Unless, maybe, all those millions who stopped working have no
money, and stop paying morgages?

Christopher A. Young
Learn more about Jesus
www.lds.org
.


Around here (northern OH) the poor housing market has resulted in thousands
of foreclosed and empty homes. The worst are being knocked down and now
with rentals reporting over 90% occupancy, a new industry is taking shape.
The empty homes are being bought up (6 in one day by one company),
refurbished and then rented out. The question is whether or not small
rental companies can properly handle rental homes vs. apartments which are
usually in 2-3 story, relatively small, buildings. Nice to see the vacant
homes taken off the market though.

Tomsic