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Renting is Just Fine

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"...expectations for a broader housing recovery are being pushed to midyear or even 2011," according to the Wall Street Journal, which takes a big look at rental trends from a nationwide perspective. With more people opting not to buy, rental vacancies are lower, prices are rising, and zut alors: "In the Hancock Park area of Los Angeles, there is a shortage of three-bedroom, two-bathroom homes for rent, local agents say." Here's a four-bedroom for $6,795/month. [WSJ/Craigslist]