Real Estate

Landlord Nation: Boomers’ New Retirement Plan Is Millennials Paying Rent

The foreclosure crisis turned America into a market of renters—and rent collectors.
Photographer: David Paul Morris/Bloomberg

Pete Pollinger and his wife, Julie, are relocating from Boca Raton to Melbourne, a city of about 70,000 on Florida’s Space Coast, named for its proximity to NASA rocket sites at Cape Canaveral and the Kennedy Space Center.

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