According to a new industry report, this is the worst the renters market has been in the past thirty years.

In the last three months ending 2009 the apartment vacancy rate climbed to 8%, according to the commercial real estate information provider Reis inc.

This is said to be the highest rate of vacancies that Reis has ever reported. They believe the main culprit for this mess is the economic crisis.

Read more on CNN Money

Moe Bedard
My name is Maurice "Moe" Bedard. I am the founder of America's #1 Mortgage Forum, LoanSafe.org. My online work has been featured in the New York Times, LA Times, Fox Business, and many other media publications.