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Strategies & Market Trends : Mish's Global Economic Trend Analysis
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To: Earlie who wrote (35277)8/12/2005 12:09:24 AM
From: mishedlo  Read Replies (3) of 116555
 
The number of vacant single-family homes for rent now stands at a record 1.339 million, said Rick Murray, an analyst for Raymond James & Associates. In a report issued in April, Murray called the "hidden inventory" of single-family rental homes a sign of "irrational investment decisions." It could increase the supply of homes for sale and "exert downward pressure on prices," he wrote.

news.yahoo.com
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