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Common sense, yes. But still . . .

Posted on July 9, 2009 at 2:08 pm

Channel 2 on the rising rental rates in the Nashville residential market.

According to local real estate experts, owners of luxury condominiums and million dollar houses may not be able to sell their homes but they can rent them for top dollar.

“The urban market has really taken off over the last couple of years,” Grant Hammond with Summit Property told News 2, adding such inventory available for rent is limited in the Nashville area.”

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