Best And Worst Cities For Renters

In Pictures: Least Expensive Cities For Renters - Forbes.com


Real Estate
Best And Worst Cities For Renters
Matt Woolsey, 01.07.08,
6:00 PM ET

Writing a monthly rent check often feels like lighting money on
fire. You'll never again see that cash, you build no equity and there
are no tax benefits.

But renting makes sense to those unwilling
or unable to buy a home in an uncertain housing market. The number of
such Americans seems to be growing; last month mortgage applications
fell to their lowest level in a year.

That's good news for landlords--especially those in New York City and San Francisco. In these cities, tenants pay the highest rents in the country by a significant margin.

Read the full article at:
http://www.forbes.com/2008/01/07/rentals-US-expensive-forbeslife-cx_mw_0107realestate.html

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