Could America's Homeowners Be Making The Country's Housing Crisis Worse? [Yahoo! Finance]
Apple Inc. (AAPL)
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Source: Yahoo! Finance
While pundits nationwide fret about the crisis, real estate developer Bradley Rohrs cites America's homeowners as major contributors to the lack of affordable housing options and desperately needed new inventory. Developers Vs. Homeowners? Rohrs heads The Rohrs Team, a real estate development group that has operated in the Baltimore, Maryland/Washington, D.C., corridor for years and participated in projects as far away as Africa. In a recent interview with Newsweek magazine, the real estate veteran noted that resistance from area homeowners is often one of the biggest obstacles he and his contemporaries face when they try to add housing to an area. Don't Miss: Investing in real estate just got a whole lot simpler. This Jeff Bezos-backed startup will allow you to become a landlord in just 10 minutes, and you only need $100. Want To Grow Your Wealth Passively? Unlock Real Wealth with Cityfunds' Exclusive 8% Yield Fund The kick-on effect of this resistance is to keep the are
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