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I was talking with a real estate agent two days ago and she mentioned that rental prices are coming down. Many people had purchased "blocks" of units with the intention of flipping, OOOooooppps! Now they are on the rental market and have dropped $200 per month in hopes of getting renters. It seems as though the high-end rental prices have come down but the low-end one-bedroom places have come up. Economy always dictates in the end.
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