Use the Economy to Lower Your Rent So You Can Start Saving
Are you struggling to pay the rent? Or hoping for a better place to live - but afraid you can't afford to move? You might be able to set your own rental price.
You've heard of a buyer's market, but what about a renter's market? It's what we're experiencing right now, say Atlanta bankruptcy attorneys. Rent prices dropped nearly 6 percent last year, according to real estate investment company Marcus & Millichap. Rental units have become more available as kids moved back in with Mom and Dad to save money and people added roommates to lower their rent.
While a growing number of renters could eventually create a shortage - making it a landlord's market - you might still be able to score a lower rent if you act soon.
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