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Manhattan Rentals Plateau; Brooklyn Market Aims for Records

…While the rate of rent increase has slowed in 2013, this is the year’s first decrease in rents, according to Curbed graph guru Jonathan Miller, who prepares Elliman’s market reports….

…”Mortgage rates will trend higher…reducing affordability for purchases [and] keeping pressure on rents in place,” JMillz explains….

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#Housing analyst, #realestate, #appraiser, podcaster/blogger, non-economist, Miller Samuel CEO, family man, maker of snow and lobster fisherman (order varies)
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