Sunday, July 8, 2012

High rents, tight credit put many at market's mercy

msnbc.com: Top msnbc.com headlines

One night last spring, David Hall returned home to his studio apartment outside Boston to learn that his monthly rent had spiked from $725 to $995. It would be much cheaper for the maintenance manager to buy a nearby starter house than to stay put.One night last spring, David Hall returned home to his studio apartment outside Boston to learn that his monthly rent had spiked from $725 to $995. It would be much cheaper for the maintenance manager to buy a nearby starter house than to stay put.




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