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Renting Wikipedia.
It has been widely reported that the financial crisis of 20072010 may have contributed to the rapid growth of online rental marketplaces, such as erento, as consumers are more likely to consider renting instead of buying in times of financial hardship. 4 Environmental concerns, fast depreciation of goods, and a more transient workforce also mean that consumers are increasingly searching for rentals online. A 2010 US survey found 27% of renters plan to never buy a home. Rental investment edit. Net income received, or losses suffered, by an investor from renting of one or two properties is subject to idiosyncratic risk due to the numerous things that can happen to real property and variable behavior of tenants. Rental agreements edit. Main article: Rental agreement. There is typically an implied, explicit, or written rental agreement or contract involved to specify the terms of the rental, which are regulated and managed under contract law. Examples include letting out real estate real property for the purpose of housing tenure where the tenant rents a residence to live in, parking space for a vehicles, storage space, whole or portions of properties for business, agricultural, institutional, or government use, or other reasons.
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