But that's generally speaking. What happens when the housing and rental markets are simultaneously boiling?
After holding steady for years, rent for a typical two-bedroom apartment in Anne Arundel County hit a record $1,309 per month in 2005, according to a year-end report by Delta Associates, a Virginia real estate research firm.
"We're in a different dynamics period," said Dr. Joseph A. Cater, economist at Market Economics. "The old adages, we are going to have to revise."
The...
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