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Real Estate & Property Law

: Housing Wire

Foreclosures Drive Rental Scarcity

By DIANA GOLOBAY

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The National Low Income Housing Coalition (NLIHC) is sounding a warning on rising jobless rates as a deflating housing bubble may be pushing many homeowners out of “previously affordable homes” and into a recently competitive rental market where pickings are slim and increasingly unaffordable. The NLIHC bases this claim on the fact that the average median [...]

Full post as published by Housing Wire on April 15, 2009 (boomark / email).

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