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Renting Becoming A Popular Option

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You’ve seen the numbers and our reports here on CBS 3.

The housing market is taking a beating. Lenders have tightened requirements for loans, making less people eligible. And with the unemployment rate around nine percent, many just don’t have the cash to buy a home.

Renting is becoming a popular option.

With details on that is Jim Korman of Korman Residential, which is a member of the Apartment Association of Greater Philadelphia.

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