Monday, November 26, 2007

Investors turn to rentals

With the real estate market down, many investors are finding tenants to fill their empty properties. Gone are the overgrown lawns of the formerly abandoned houses as new owners try to spruce them up and rent them out.

Still, some home owners say that this is leading to a decline in property values because renters do not maintain the houses as well as owners would. Some communities are passing laws against renters.

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