Part of Speech: n.
Quotation: In addition to prospective buyers who are waiting it out, there also is the “reborn renter,” a term used to describe people who have lost their house to foreclosure and are now back on the rental market. “Those are the people we lost over the last five years who bought a home, they went out and got a subprime loan and now they’re losing their homes,” Kellum said, adding they’re expecting to see more of that this year.
Author:
Kirsten Grind
Publishing Location:
Washington
Date of Publication:
Feb. 3, 2008
This catchword has yet to be researched.