reborn renter
 n.— «In addition to prospective buyers who are waiting it out, there also is the “reborn renter,” a term used to describe people who have lost their house to foreclosure and are now back on the rental market. “Those are the people we lost over the last five years who bought a home, they went out and got a subprime loan and now they’re losing their homes,” Kellum said, adding they’re expecting to see more of that this year.» —“Rising rents—landlords finally are recovering from a downturn in the market” by Kirsten Grind Seattle Times (Washington) Feb. 3, 2008. (source: Double-Tongued Dictionary)

Tagged with →  

This site uses Akismet to reduce spam. Learn how your comment data is processed.