Your rent's about to get even higher - Yahoo Finance: "As a result, rents are "set to accelerate," wrote Ed Stansfield and Andrew Hunter, economists at Capital Economics Ltd., in a note to clients. "Our forecasts that rents will grow at an annual rate of 5 percent both this year and next would represent the fastest rate of rental growth since the 1980s."
Rents rising that quickly may make homeownership much more attractive for those who can afford it. That, combined with the improving outlook for employment and incomes, means the "homeownership rate will soon find a floor," they wrote."
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