1. Multi-Family Dwellings
Photo Credit: sylvar
Hey people gotta live, and being under-roof helps. Of course regional selectivity is important here (e.g. avoid Detroit). However lack of available credit and a moribund housing market have kept many renters from becoming homeowners, resulting in fewer available apartments and rising rental rates. Sometime the rich aren�t different. As even the wealthy sour on home ownership, look to multifamily dwellings as an investment. Boston and Atlanta are two up-trending markets. Ways to play? AvalonBay Communities (AVB) is an apartment REIT paying a 3.24% yield.
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