Jun 09 2011
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Mpls. Rental Market as Bad as the Rest of the Twin Cities' Housing Woes
Demands for rentals are up. Home prices have come down and money is really cheap these days. As Realtors like to say, now is a good time to buy. Only, this time the stats seem to support it. It costs around $500/mo per $100,000 borrowed these days for a mortgage. And the interest is deductible. Compare that to Twin Cities rents.
(Source: mediation)
