The foreclosing epidemic has made real estate rentals a on going reality for renters and landlords. In a 2009 survey, it has been found out that over 40% of citizens choose to rent. Its also noted that because of the housing market there will be a spike in the amount of people renting. Real estate rentals has taken place in some form for many years. Even during the 1700s, immigrants use to rent from local real estate owners because it was one of the ways to have shelter during that time. It has been said in the past that renters are a class of people because of the way a minority of renters treated and left the property. It has also been said that entire neighborhoods has banned renting because of the stigma that sometimes comes with being a renter. This usually brings a neighborhood to a empty conclusion in most instances.
