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A day after getting all wishy-washy on us about whether we should all immediately buy McMansions or head for the highest bridge, the Times claims to have it all figured out today: median home prices falling, small nationwide rent increases after a five-year slump, landlords rescinding concessions?yup, we've got a slowdown. Unless it's just a pause. In that case, as you were.
· Rents Head Up as Home Prices Put Off Buyers [NYTimes]
· The Bubble Cloud Lifts; Let There Be Light [Curbed]