Harvard Study Finds That Owning Rental Properties Is An Avenue For Wealth Creation

In a publication by the Joint Center For Housing Studies Of Harvard University, it was found that the current economic conditions, coupled with "demographic forces" has resulted in bolstering rental demand. No surprise that increases in the renter population are due in large part to the increase, nationally, in home foreclosures. It should be no secret to investors that the study found for individuals as well as businesses, owning rental properties is an avenue for wealth creation.

Renters represent a diverse U.S. population, which is good news for investors. The perception of rental housing has been one of large structures in urban areas, when the facts suggest that half of all rental units are in buildings with four or fewer units and located in suburban areas.

The challenge will be for the government to support efforts to meet the need for affordable, quality rental housing. The key will be for investors to know which doors open the properties that will yield the most cash flow. To review the complete study, click here.

int Center for Housing Studies of Harvard University
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