NEW YORK, NY, May 11, 2012 (Press-News.org) The American Dream has changed in meaning from generation to generation, but property ownership has long been a central part of this concept. Today, though, Americans are growing more and more comfortable with the idea of renting, rather than owning. Daniel Gross writes in The Wall Street Journal that the Great Recession has changed the financial goals that Americans have set. Bethesda Estate Services, an estate sale company that assists in the planning and execution of estate sales, has noticed this trend among its clients. As a result, it has helped many customers prepare their homes for rental tenants.
Gross quips that Americans are growing comfortable with the prospect of renting rather than owning their property--and not just real estate. He says that "from cars to books to clothes" Americans are more openly and frequently taking advantage of rental opportunities. Some may say that this represents a decline in standards due to a lack of financial means; however, Gross believes it is more about convenience than anything else.
"Americans are increasingly acclimating to the idea of giving up the stability of being an owner for the flexibility of being a renter," writes Gross. "The new realities of our increasingly mobile economy make it more likely that this transition from an Ownership Society to what might be called a Rentership Society, far from being a drag, will unleash a wave of economic efficiency that could field the next boom."
Although rentals are up, homeowners must still exist in order for these properties to be available. Bethesda Estate Services has seen many homeowners clear their items to prepare their houses for renters.
"Creating a new revenue stream from a second or third home is a great way to boost one's income," commented Brette Bates of Bethesda Estate Services. "We help homeowners prepare their homes for renters by assisting them in virtually liquidating the items in their estate. Oftentimes, they have too much stuff to move into their primary residence. Instead of storing these items, they sell them to jump-start the revenue that their rental property will bring in."
ABOUT:
A full-service estate sale company, Bethesda Estate Services offers planning, execution, and clean-out services to each of its clients. Additionally, Bethesda Estate Services assists its clients in locating and organizing products and donating leftover pieces to the appropriate charitable organizations. This full-service treatment has proven beneficial for a variety of clients, many of whom are looking to downsize their lifestyles or liquidate an estate.
Website: http://www.bethesdaestateservices.org
Bethesda Estate Services Assists Homeowners in Turning Their Property into a New Revenue Stream
Today's Americans are more comfortable with renting rather than buying. This is due to the financial and psychological effects of the Great Recession. Bethesda Estate Services has recognized this mentality in many of its clients.
2012-05-11
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[Press-News.org] Bethesda Estate Services Assists Homeowners in Turning Their Property into a New Revenue StreamToday's Americans are more comfortable with renting rather than buying. This is due to the financial and psychological effects of the Great Recession. Bethesda Estate Services has recognized this mentality in many of its clients.