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Zimbabwe: Property shortages cause rentals to increase in July

Posted on 05 August 2010

From Thezimbabwean.co.uk: Zimbabwe has experienced a steady increase in rentals during the month of July as a result of property shortages, increased salaries across the board and a resurgence of low-scale mortgages, property analysts said this week.
However, most rentals being charged on the market have been described as unjustified, while the revival of mortgage lending is seen as a desperate attempt by building societies to grow business under a recovering economy……………………………………….Full Article: Source

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