Reading Eagle : QUARTERLIFE CHRONICLES: Rescuing the economy by renting rather than buying

By April 30, 2009No Comments

According to the cover story in the March edition of The Atlantic, renting benefits the economy. The article, written by Richard Florida, says that renters aren’t tied down to one location, so they’re freer to move from town to town as emerging industries and new jobs dictate. The also don’t have the long-term burden of a mortgage.