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Real Estate
Reply to "Bubble pop in rentals too?"
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[quote=Anonymous]I'm not even talking about the glut of apartment buildings. I haven't been watching those but I'm sure there is a coming problem too with those as more buildings continue to come online. But what I am seeing is that rentals of THs and SFHs seem to really be slowing down. I am seeing properties sit and sit and this is the prime season for rental lease turnovers. Even properties in good areas within walking distance to metro. Are we reaching a point where people cannot count on keeping their home as a rental instead of selling it? So many people have become landlords over the past decade and I'm wondering if there are now just too many rentals out there. There is something very strange going on in both the sale and rental market in my area and it sure seems like a pop on both of those fronts. I am specifically talking about Old Town Alexandria but wondering if it's happening elsewhere as well.[/quote]
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