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Wealthy Opt To Rent Instead of Owning Homes

Wealthy Opt To Rent Instead of Owning Homes

As the economy tries to recover from the recession, a sign of the times is the real estate market in New York City, home of some of the wealthiest Americans. Affluent home owners are now opting to sell their homes which have been losing value and are choosing instead to rent as the real estate market tries to recover rather than take losses.…

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