Word: realtor
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Dates: during 1980-1989
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...What we are seeing," says San Francisco Realtor Rosalynn Graham, "is that there are fewer apartments available. Therefore, people have to pay a higher price for them." A two-bedroom apartment that went for $400 a month last year in San Francisco's North Beach today fetches $850. In New York City, where rents have been rising 15% to 20% annually for the past three years, one-bedroom apartments command $1,000 a month and two-bedrooms start at $1,500 in new Manhattan buildings...