Did investors lose rental properties during the 2008 recession?

3 Replies

Did investors lose rental properties during the 2008 recession at a higher rate? And if so, why?

I understand that jobs were lost and housing became much cheaper but if the properties were being rented, why would they lose it?

Yes.

Some were over leveraged.  Some had non paying tenants. Some places simply didnt have enough renters to fill the properties so they sat vacant. Some places rents plummeted. Other places rents rose dramatically. Many investors got killed, others made a killing.

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Originally posted by @Russell Brazil :

Yes.

Some were over leveraged.  Some had non paying tenants. Some places simply didnt have enough renters to fill the properties so they sat vacant. Some places rents plummeted. Other places rents rose dramatically. Many investors got killed, others made a killing.

 exactly Russell highly regional.. if this ICE stuff actually happens I would be worried about my illegal or semi legal Hispanic tenants right now. :)