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Rent Wars

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Out today: the first round of results from the city's 2011 housing and vacancy survey, which analyzed the market from February to May 2011. The city now has a total housing stock of 3.35 million units, the largest number it has had since 1965, when the survey was first conducted. The survey also found a citywide net rental vacancy rate of 3.12 percent; any vacancy rate below 5 percent means the continuation of rent regulation. As you were. [CurbedWire Inbox]