Rise in leasing of condos worries local governments

From The Dispatch:

Rise in leasing of condos worries local governments, residents
By Elizabeth Gibson

The housing market’s mood and long-term city planning don’t always agree with each other. High-end condominiums have become a desirable feature for suburbs. But with the weakening of the economy, some developers are trying to adjust to a sluggish condo market by converting units into rentals temporarily or permanently.

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