Monday, May 02, 2005

American Tobacco apartments on way

newsobserver.com | Business:

One of my favorite projects in the Triangle is tapping in to the apartment market. Here's a good quote from this article...

"Rising long-term interest rates, which may prevent some renters from homeownership, and strong job growth are expected to create more renters in the market -- a boon for landlords, who earn income through rent."

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