| Owning Rental Property- Now Is The Time!
The average American can no longer afford to buy a home.
The typical homebuyer now spends 35 percent of their wages on housing expenses, above what is considered affordable and the highest level since 2007, according to a report released Thursday by Attom.
With home prices staying stubbornly high, Attom CEO Rob Barber said the nation could be approaching a point where prices have to drop.
“The dynamics influencing the U.S. housing market appear to continuously work against everyday Americans, potentially to the point where they could start to have a significant impact on home prices,” Barber said. “We clearly aren’t there yet … but with basic homeownership now soaking up more than a third of average pay, the stage is set for some potential buyers to be priced out.”
So where are these average American's going to live? In rental properties. And many of them will want to rent the home they cannot afford to purchase.
Let us know if you want to be prepared to grow and be part of the solution. It appears we are entering the best opportunity for housing providers that has been seen in over fifteen years. | 
