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Location matters when it comes to finding a place to rent — see which cities have the highest rental vacancy rates. wavebreakmedia / Shutterstock.com
Editor’s Note: This story originally appeared on Construction Coverage. The U.S. rental vacancy rate — or the measure of rental homes that are vacant in a given area — is facing a long-term decline. The rental vacancy rate is an important economic indicator because it signals the balance between supply and demand for rental homes. When the rate is relatively high, it indicates an abundance of…
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