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U.S: The best and worst cities for renters

Posted on 15 June 2012

It’s the latest aftershock from the housing bust: Across the country, rents are rising. Nearly 4 million families have transitioned into rentals since the foreclosure wave began; meanwhile, new construction largely dried up after the housing bubble burst. The result: vacancy rates in many cities are low and prices are going up.
The National Association of Realtors projects a 4% average increase in rents nationally this year and 4% in 2013………………………………………..Full Article: Source


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Laxman - who has written 28515 posts on Opalesque Real Estate Briefing.


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