For the most part, we tend to think that the foreclosure crisis mainly affects homeowners. However, renters are increasingly affected by this trend as well, reports Calculated Risk.

The main reason is that tenants are renting from someone who owns property. The property may be a single family home or a multi-unit property, but either way, if the landlord is having trouble keeping up on his or her payments, that can spell trouble for even those renters making regular, on-time payments.

If the property goes into foreclosure, the tenants may be asked to leave. In some areas, the increase in number of people looking for a place to live is driving up the cost of rentals. This can cause problems, and is even leaving some renters homeless.