Interest Rates and the affect on the Rental Market - What is your take on it?

[Marty Telschow]

So with the Fed eluding to a rate hike in the near future,,, maybe.  I am curious what everyone's opinion is on how rising rates will affect the rental market.  Will it spur a flurry of buying as everyone is afraid that this is the last chance for cheap money?  Or, will it slow thing down and make it harder for people to own a home thus increasing the demand for rentals.  Maybe both or neither.  What do you think will be the affect?  Do you expect to see better potential deals in a rising rate market or less?

Give me your two cents.