Monday, May 18, 2009

FW: Inman AM: Better off renters

 

 

 

From: Inman News Headlines [mailto:dailynews@inman.com]
Sent: Monday, May 18, 2009 6:59 AM
To: mark@itsyoursale.com
Subject: Inman AM: Better off renters

 

Inman News: AM Edition

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Monday, May 18, 2009

Better off renters
Some people are not cut out to be homeowners. I call them NOHOs. What distinguishes them is not their income, their mobility, or where they live -- rather, it is how they live.

NOHOs live from week to week or month to month, depending on how often they are paid. Typically, they have nothing left at the end of the period, and if they run out early, they often borrow at high interest rates.
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