Bankrate and Fiscal Times tapped me for my thoughts on rentals in neighborhoods.
It's a long-held belief that rental properties hurt the values of nearby homes.
"Buyers are definitely concerned about too many renters," says Herman Chan, a real estate broker in San Francisco. "People are less inclined to make an offer on a house that is in a street filled with apartment buildings (because) they perceive (the area) to be more congested, have less parking, and consider the residents more transient."
Read the full article here (I'm cited again at the end). LMK if you (dis)agree?!
