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This issue brief discusses a plan that would effectively deal with the mounting problem of home foreclosures in this country. The main point of the plan is that those who are facing foreclosure should have the option to remain in their home for a substantial period of time as renters. There are also numerous advantages in enacting Right to Rent legislation: it is simple, it can take effect immediately, it requires no taxpayer dollars, and it creates no new bureaucracy.

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Related:

New York Times endorses Right to Rent
Fannie Mae to rent to foreclosed owners
Fannie Mae adopts a "Deed for Lease" program
Dean Baker in Spotlight on Poverty
Dean Baker in the Los Angeles Times
Dean Baker in the Hearing (Washington Post)
Sen. Durbin voicing support for Right to Rent at the Center for American Progress (see minute 17:33)
Washington Post column on Right to Rent
New York Times op-ed promoting a version of Right to Rent
Sen. Schumer endorsing Right to Rent
Baseline Scenario post about Right to Rent
Felix Salmon on Right to Rent
Ezra Klein on Right to Rent