PropertyProf Blog

Editor: Stephen Clowney
Univ. of Arkansas, Fayetteville

Tuesday, May 8, 2012

Renting Efficiency

Daniel Gross, of The Wall Street Journal, looks at the rise of renting in America and pronounces it a good thing:

Americans are increasingly acclimating to the idea of giving up the stability of being an owner for the flexibility of being a renter. This may sound like a decline in living standards. But the new realities of our increasingly mobile economy make it more likely that this transition from an Ownership Society to what might be called a Rentership Society, far from being a drag, will unleash a wave of economic efficiency that could fuel the next boom.

Steve Clowney

http://lawprofessors.typepad.com/property/2012/05/renting-efficiency.html

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