Many drawn by joys of being a landlord - 2004-12-25
Real estate looks quite tempting as an investment these days. And that is prompting more Americans to consider joining the ranks of landlords.
Individuals, rather than corporations, own approximately 60 percent of all rental units, according to the last count by the Federal Reserve. "Evidence points to an increase in real estate purchases by individual investors," said Doug Duncan, chief economist of the Mortgage Bankers Association.
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