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Good Times for Renters

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Rejoice, renters: 2009 is your year. "It's clear that with job losses in 2008 and continuing in 2009, and a fair amount of competition from excess single-family homes and condos entering the market, 2009 will be a very challenging year for apartment owners," says an RE research firm. But a renters' year apparently just means rents rise slower than usual: 3.3 percent by year's end, compared to a 10 percent increase as recently as 2007. Just take your consolation prize and go. [SF Gate]