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Credit Crunch Also Putting Squeeze on Renters

by Jim Woodard

Today's housing news usually focuses on home buyers and sellers. But a large number of Americans live in rented homes and apartments, and those renters are experiencing problems as severe as their buyer-seller counterparts.

Problems in the capital markets have hindered construction of rental housing nationwide. As the supply of rentals dwindle and demand increases, it is becoming harder for families to find suitable rentals at affordable prices.

"Despite a demand for our pr ...

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