Forbes.com recently featured an informative rental article: Best Markets For Landlords, that argues that an increasing number of potential buyers are opting out of the buying market and choosing, instead to rent.  These recent developments have proved to be good news for landlords and investors.  With the mortgage market drastically changing for the worst, foreclosures and risky lending have further denegrated the real estate industry.  Lenders have in an attempt to rectify the issue, tightentened their lending standards and practices, which has made attractive mortgages much harder to come by.  However, Forbes.com has constructed a list of the best markets for landlords, in which New York City has made the top.  In the last 12 months rents have jumped between 7.4% and 7.9% across the classification of luxury.  Currently, about 80% of New York's population rents, because the city has mostly unaffordable housing.

Read the entire article: Best Markets For Landlords on Forbes.com
In Pictures: Best Markets For Landlords on Forbes.com