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Get A Roommate. Or Two. Or Three
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Wait, if the housing market's collapsed, that should mean LOWER rents, right? Nope: Because so many people are looking to rent, landlords are getting higher rates. So wouldn't it make sense for people who are having trouble paying their mortgage to rent their homes out? No, because a) they probably still owe more, and b) THEY have to rent another place, too. So now renters are taking a hit. (MSNBC)
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