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Caveat venditor, part 2

Recently Earnest published a report about rent costs , with the surprising fact (at least for me) that Colorado Springs (where I live) is fourth in the nation for percentage of total income spent on rent. The median rent overall? A smidge under $1400. Do you know what size mortgage you can get for that? Income Spent on Rent, By City Copyright (c) Earnest.com Consequently Colorado Springs is going through a bit of a property shortage at the moment, especially in the up-to-$300K range. Sure, there...

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