Apr
01
Good news for apartment owners, the recession in the industry has been fuelled by the problems plaguing the housing market. The sub-prime lending crisis is keeping prospective house buyers at bay even with the current rock-bottom prices fro new homes. The insurance industry is also still getting to grips with the crisis with effects circling the globe. The rental market has soared and increased many times and is expected to maintain steady growth. For renters, not so good news for the more the demand, the higher the prices of rentals. Last years second quarter statistics showed a huge decline even a halting in the renting market but that’s all over according to rental experts.