Renters rule: Homeowners now in the minority in Tampa - FORECLOSURE FRAUD

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Renters rule: Homeowners now in the minority in Tampa

Renters rule: Homeowners now in the minority in Tampa

TBO-

When George Triebel’s employer moved his job from Fort Myers to Tampa in 2009, Triebel and his wife, Camille, had to make a life-changing decision.

“I couldn’t afford two mortgages,” said Triebel, 32.

So, they short-sold their home in Lee County — a decision that dynamited their credit and took them out of the housing market for the foreseeable future. Today, they’re among the thousands of Tampa residents living in rented housing.

From the tenants of a sprawling new apartment complex in New Tampa to those in century-old Seminole Heights bungalows, renters now outnumber homeowners in Tampa, according to recently released Census Bureau research.

[TBO.com]

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