‘Rentvesting' can be ‘a good way to get into the property market,' economist says. Here's how it works

"Rentvesting" means that someone rents their primary residence while trying to enter the housing market by buying a home they can afford elsewhere.Not every renter wanting to buy a home dreams of ditching their lease. Some wish to remain tenants even as they become landlords.

"So they would look for a less expensive market where their savings might be able to translate into a nice down payment," said Hale. He said lower rates are going to be"welcome news" for rentvesters looking for a mortgage. But it will be important to keep in mind that rental prices are"They might have a hard time filling it with a tenant if there are other properties down the street that are renting for less," said Fairweather.

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