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Number of Older US Renters Spikes 43%

Carmen Perry decided to rent rather than buy immediately after she divorced her husband and sold the family home. The 67-year-old realtor sees definite advantages to living in a space owned by someone else. "If something breaks or something needs to be replaced, water heater or whatever, I just call the company who does the management for the owner and they come and fix it for me," Perry says. "And that is great, especially when I lived in a very large house with a lot of...

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