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
In the thriller Down Cemetery Road starring Emma Thompson, a character uses the Briticism safe as houses, meaning “quite safe,” an expression thought to derive either from the sturdiness of a house or the sense of real estate as a secure investment...
Martita in San Antonio, Texas, is curious about the expression cool beans! meaning “that’s great!,” or “excellent.” This phrase was commonly used in the 1980s, and although the TV show Full House may have helped popularize it, the phrase is older...