No matter what the market is like, you are usually at somewhat of a disadvantage if you are a tenant. It is better in some areas than in others, but no matter where you are, you are the one with more to lose. You are the one who pays money every month and gets no equity. You are the one who has to live in squalor if there is a leak or other serious problem that the landlord refuses to fix. You are the one who can end up homeless if things do not work out with your lease.

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