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)
Further reading
When you had sleepovers as a child, what did you call the makeshift beds you made on the floor? In some places, you call those bedclothes and blankets a pallet. This word comes from an old term for “straw.” And: What’s the story...
Are there words and phrases that you misunderstood for an embarrassingly long time? Maybe you thought that money laundering literally meant washing drug-laced dollar bills, or that AM radio stations only broadcast in the morning? • A moving new...