11% of US Houses are EMPTY! 18.4 MILLION HOMES

11% of US Houses are EMPTY! 18.4 MILLION Homes!

.....and the 10 US Cities where

RENTING is CHEAPER than BUYING

 
10. Boston, Mass.

9. San Francisco, Calif.

8. San Diego, Calif.

7. Portland, Ore.

6. Kansas City, Mo.

5. Sacramento, Calif.

4. Omaha, Neb.

3. Fort Worth, Texas

2. Seattle, Wash.

1. New York, N.Y.

Rental prospects do not understand why rental rates are RISING!

"Younger Americans have seen what home ownership has done to their friends and families, and many want no part of it. Credit has become very nearly elitist. Home prices, whatever your particular data provider preference might be, are still falling." 

Diana Olick * CNBC Reporter

http://www.cnbc.com/id/41355854