Tuesday, September 29, 2009

Long Beach's Condo Conversions Haunt Rental Market
It’s a good time to be a renter—or perhaps a multifamily investor. Even with droves of would-be homebuyers sitting out the market—and many more had-been homeowners now entering the rental market as foreclosures continue to ouster folks from their domiciles—fundamentals in the rental market are putting downward pressure on rent prices. Continue reading Long Beach Post.

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