Interestingly, Class C properties are experiencing the largest increase in volume of applicants, as well as the largest effective rent growth.

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The real benefits of home ownership are any capital appreciation, plus the imputed rent, minus the effective cost of the mortgage and property taxes, other costs, and the return you could earn on your down payment elsewhere.

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Effective rents include landlord concessions, such as rent-free periods, used to entice tenants to take space.

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