| Apr 6, 2011 3:20PM There have been six major banking crises in developing countries since the mid-1970s, all were associated with housing booms followed by busts according to an International Monetary Fund (IMF) Global Financial Stability Report to be issued next week. The degree to which these cycles have been associated with financial instability differs among countries due in part to important differences in countries' housing finance systems, including the role of government. However, where recessions are linked... Apr 7, 2011 1:43PM REIS Inc, an impartial source of commercial real estate data, has confirmed Mortgage News Daily's prediction earlier this year that renters could be facing some substantial rent increases in the year ahead. The firm's quarterly report shows that the vacancy rates for apartments dropped dramatically during the first quarter and rents have begun to rise, albeit slightly, in some parts of the country. According to a Reuter's story , the vacancy rate for apartments fell to 6.2 percent in the first quarter...
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