Car rental vs car sharing vs GrabCar: Which is the most cost-effective?
Synopsis by AsiaOne Jan 28 23
With the prices of COEs set to continue their upward trend, and relief only coming in ...Read full article 
AsiaOne: Car rental vs car sharing vs GrabCar: Which is the most cost-effective?
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| Last Updated | Jan 28 23 |
| Total Articles | 1 |
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mobile machine used for transport, whether it has an engine or not, including wheeled and tracked vehicles, air-, water-, and space-craft
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JPMorgan warns of need for ‘reality check’ on phasing out fossil fuels: US bank says higher interest rates, inflation and global conflict have dented outlook for ...
ft.com/content/352b38a7-f298-4b54-adc2-f4cc1b17444b
Quick Glance: JPMorgan warns of Need for 'Reality Check' on Phasing out Fossil Fuels
- JPMorgan warns of setbacks in transitioning to renewable energy due to higher interest rates, inflation, and global conflicts.
- Investment in renewable energy currently offers subpar returns, potentially leading to social unrest.
- JPMorgan forecasts increasing demand for oil and gas until 2030, highlighting challenges in transitioning to renewable energy.
- Wood Mackenzie warns of the impact of higher interest rates on transitioning to a global net-zero economy, especially for renewables and nuclear power.
Cybertruck recall completes Tesla's humiliation: Tesla's latest vehicle was widely mocked even before its accelerator pedal problem. Now it's a national joke.
mashable.com/article/cybertruck-is-over
Quick Glance: Tesla Cybertrucks Recall Issued
- Tesla responds to defective accelerator pedals in nearly 3,900 Cybertruck pickups causing unintended acceleration.
- The recall involves Cybertruck vehicles manufactured between November 2023 and April 2024.
- An unauthorized use of soap during the accelerator pedal assembly likely led to the defect.
- Tesla voluntarily recalled the vehicles on April 12 due to two customer complaints.
Musk says Tesla's Full Self-Driving may enter China very soon: Tesla chief Elon Musk on Saturday said the electric-vehicle (EV) maker may make Full Self-Driving ...
reuters.com/business/autos-transportation/musk-says-teslas-full-self-driving-may-enter-china-very-soon-2024-04-20/
Toyota Prius Recalled Because the Rear Doors May Open When the Car Is in Motion: 2023-24 Prius hybrids and Prius Prime PHEVs are under recall. Water can ...
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Cash: Germans' assets at record value - Daily money is also popular: The Germans have more money in their pockets again. The reason for this is higher interest ...
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Quick Glance: Record: Germans Hold 7716 Billion Euros in Wealth
- German private individuals hold a net wealth of 7716 billion euros.
- Stocks and investment funds saw significant gains in the last quarter.
- Cash and bank deposits remain the largest component of wealth.
- Household net wealth increases by 244 billion euros to 5560 billion euros.
Mortgage rates top 7 percent for first time in 2024: Mortgage rates topped 7 percent for the first time this year, according to data released Friday by Freddie ...
thehill.com/business/4605828-mortgage-rates-top-first-time/
Bag of Rice Still Selling for Up to N84,000 in Lagos: To verify if a bag of rice indeed sells for N60,000, FIJ took to two food markets in Lagos to ask the ...
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Escalating Middle East tensions a fresh jolt to world markets: Reports of an Israeli attack on Iranian soil that possibly drags the Middle East into a deeper ...
reuters.com/markets/global-markets-middle-east-graphic-2024-04-19/
Quick Glance: Escalating Middle East Tensions Shake World Markets
- Reports of an Israeli attack on Iranian soil potentially dragging the Middle East into a deeper conflict have rattled world markets with geopolitical risks.
- Stocks fell, oil briefly rose over $3 per barrel, and safe-haven government bonds rallied.
- The heightened tensions bring fresh uncertainty and fuel concerns that high oil prices and potential supply disruptions will keep inflation high.
- Energy stocks benefit from higher oil prices, while demand for safe-havens like US or German bonds rises amid renewed inflation risks from rising oil.
Insurance: Comprehensive or third-party liability, what’s the difference?: Knowing the main difference is key to making a decision that works for you
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Financial assets of private households at a record high: Overall, people in Germany have more financial assets than ever before. However ...
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Average mortgage holder spending record $2,800 on monthly payments: The median monthly mortgage payment jumped 11% in the past year due to surging interest rates ...
businessinsider.com/mortgage-payments-housing-market-interest-rates-house-prices-sales-2024-4
Quick Glance: Mortgage Rates Surge Above 7% in 2024, Posing Major Dilemma for Homebuyers
- US mortgage rates have surged above 7%, increasing costs for homebuyers.
- The rise in mortgage rates impacts monthly costs, limiting purchasing power.
- Uncertainty surrounding rate trends poses a decision dilemma for potential homebuyers.
- Experts anticipate a moderate easing of mortgage rates later in the year.
5 worries keeping Biden, Democrats up at night: President Biden’s campaign is feeling good about where it is in its battle for reelection ...
thehill.com/homenews/campaign/4605899-five-worries-keeping-biden-democrats-up-at-night/
Petrol and diesel back to nearly €2 a litre as drivers hit by biggest price rise this year
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You can power your home for 21 days with a Chevy Silverado EV and GM’s new bidirectional charger
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Few in new poll say Biden law has helped fight climate change: Very few Americans believe the Inflation Reduction Act (IRA), signed into law by President Biden ...
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5 Japanese workers narrowly escape suicide bombing that targeted their vehicle in Pakistan
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Social Security cost of living boost in 2025? Early estimate calls for 2.6% increase
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Money latest: Should you pay your kids for good grades? Here's what psychologists think
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Riester pension disappoints: many only receive measly returns: Disappointing Riester pension: New figures from the Federal Ministry of Finance reveal low payout ...
t-online.de/finanzen/ratgeber/altersvorsorge/privatevorsorge/riester-rente/id_100390008/riester-rente-enttaeuscht-viele-bekommen-nur-mickrige-ertraege.html
Should you wait for interest rate cuts to buy a house?: Once interest rates fall, property prices would likely go up, but buyers could borrow more money ...
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Stock market today: Stocks slide for the 5th straight session: The S&P 500 hit its worst losing streak since last October as investors recalibrate amid forecasts ...
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Iran-Israel tensions: Can Iran's economy handle a war?: Iran is suffering from inflation, currency depreciation and the impact of international sanctions ...
dw.com/en/iran-israel-tensions-can-irans-economy-handle-a-war/a-68862368
States sue to block US rules curbing tailpipe emissions in cars, light trucks: Republican attorneys general from 25 states on Thursday sued the U.S ...
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The truth comes out: US is paying dearly for outperformance : The United States is floating on a giant pumped-up air mattress of excess federal spending and no ...
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Trump Media tells shareholders how to block their DJT stock being loaned to short sellers
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How much money do you need to retire? Most Americans calculate $1.8 million, survey says.
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Instant view: Oil, Japan's yen up on reports Israeli missiles hit Iran: Oil and gold prices rose and Japan's yen rallied on Friday on reports Israeli missiles ...
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Heineken Ireland is latest to hike price of pint from June: Heineken Ireland has announced that the price of its draught products will increase from June 4.
independent.ie/business/irish/heineken-ireland-is-latest-to-hike-price-of-pint-from-june/a1053458282.html
Why is the economy so strong? New hires are spending more and upgrading their lifestyles
usatoday.com/story/money/2024/04/18/strong-job-growth-bolsters-spending/73351285007/
La Piazza restaurant in Edinburgh's west end lease for sale: The premises in the west end of the Scottish capital have over 100 covers, a terrace and a 'valuable ...
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Pocklington Town Council signs 125 year Burnby Hall lease: East Riding of Yorkshire Council’s Cabinet has agreed to offer a 125-year lease of Burnby Hall in ...
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America’s interest rates are unlikely to fall this year: That will squeeze financial markets and the world economy
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Colorado governor signs “for-cause” eviction protections into law. Here’s what they’ll do.
denverpost.com/2024/04/19/colorado-for-cause-evictions-housing-javier-mabrey/
Popeye’s Boxing Gym seeks new space after LeBron James Family Foundation terminates lease
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Stylist Shares What to Look for in Thrift Stores to Upcycle Vintage Dresses: You can give old pieces a new lease of life thanks to this easy hack.
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Doncaster Sheffield Airport: Conservative mayoral candidate criticises leaders’ approach to deal
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'YOLO' Review: Megahit Chinese Boxing Movie Needs More Punch: In Chinese smash hit 'YOLO,' director-star Jia Ling gives an endearing performance as a ...
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Woodbridge Town Council will look to sell Tide Mill Way base: The sale of a Suffolk art club's former premises has moved a step closer after councillors agreed ...
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'How is this legal?': Tenant on month-to-month lease left short on options when landlord decides to renovate
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Goa electoral officer refers complaint on mining lease with Vedanta to Election Commission
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EV maker Lion Electric cuts another 120 jobs: The company says it is also moving to reduce costs in areas such as lease expenses, consulting ...
montrealgazette.com/business/local-business/ev-maker-lion-electric-cuts-another-120-jobs
Ask the Mechanic: Can I go for car leasing or outright purchase?: However, car leasing also comes with some disadvantages. For example, you do not get to own the ...
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US deficit poses ‘significant risks’ to global economy, warns IMF: Fund also cites concerns over fiscal ‘imbalances’ in UK, China and Italy
ft.com/content/0d098011-0ff5-4125-8cbb-5a5b281c9bd0
Quick Glance: IMF Warns of Fiscal Deficits in US and China
- The IMF has warned the US that its massive fiscal deficits have stoked inflation and pose “significant risks” for the global economy.
- Concerns were also raised about Chinese government debt, with the country projected to have a deficit of 7.6 per cent in 2025, more than double the average for other emerging markets.
- In addition to the US and China, the fund named two more countries that “critically need to take policy action to address fundamental imbalances between spending and revenues”.
- The IMF noted that “large and sudden increases” in US borrowing costs typically lead to surges in government bond yields globally and exchange rate turbulence in emerging markets and developing economies.
Ford Bronco Sport SUVs and Maverick Pickups Recalled for Loss of Power While Driving
consumerreports.org/cars/car-recalls-defects/ford-recalls-bronco-sport-and-maverick-for-loss-of-power-a2834960968/
US to grow at double the rate of G7 peers this year, says IMF: Fund also upgrades inflation forecasts as strong demand and tight labour market delay possible Fed ...
ft.com/content/3b819571-662d-4185-9ca5-c7e682b55700
Quick Glance: IMF upgrades global growth forecast despite risks
- The International Monetary Fund slightly raised its global growth forecast on Tuesday, noting that the economy had proven 'surprisingly resilient' despite inflationary pressures and monetary policy shifts.
- IMF's chief economist, Pierre-Olivier Gourinchas, indicated that the global economy is heading for a 'soft landing,' with risks to the outlook now broadly balanced.
- While advanced economies are expected to lead the growth, dim prospects in China and other major emerging markets could impact global trade partners, according to the report.
- Despite Tuesday's brighter outlook, global growth remains low compared to historical standards, partly due to weak productivity growth and increasing geopolitical fragmentation.
UK inflation falls as crumpet and meat prices drop: New official figures show that inflation, the rate at which prices rise over time, fell again in March.
bbc.com/news/business-68833077
Quick Glance: Powell Warns of Lack of Progress on Inflation
- Federal Reserve Chair Jerome Powell emphasized that the U.S. economy, while otherwise strong, has not seen a return of inflation to the central bank's target.
- Powell mentioned that the current policy should remain in place as inflation has not declined quickly enough and there has been no further progress towards the 2% goal.
- Since July 2023, the Fed has maintained its benchmark interest rate in a target range between 5.25% and 5.5%, the result of 11 consecutive rate hikes.
- Financial markets have had to adjust their expectations for rate cuts this year as inflation has been higher than expected, and the Fed's policy continues to be dependent on data.
If the Reserve Bank were a football coach, it would have been sacked eons ago: The bank’s job is to hold inflation between 2 and 3 per cent. Since mid-2014 ...
smh.com.au/politics/federal/if-the-reserve-bank-were-a-football-coach-it-would-have-been-sacked-eons-ago-20240418-p5fkv9.html
Brazil seeks to weaken fiscal targets it set only a year ago: Leftist administration of Luiz Inácio Lula da Silva wants greater flexibility on budget surplus ...
ft.com/content/14e6a4d4-8be7-46cf-bb51-8445b0e85dc1
Quick Glance: Brazil Moves to Relax Fiscal Targets Set a Year Ago
- The leftist administration of Luiz Inácio Lula da Silva wants more flexibility on budget surplus goals
- Brazilian President Luiz Inácio Lula da Silva’s government is seeking to loosen its own budget targets as investor concerns rise about the risk of fiscal slippage in Latin America’s largest economy
- Ministers intend to balance the budget next year, replacing the previous goal for income to exceed outgoings by 0.5 per cent of gross domestic product
- Analysts warn that the current deficit targets are unrealistic and likely to be tweaked, prompting investors to express concerns about Brazil’s economic approach under Lula
Tesla Semi has been pushed ‘well beyond expectations’ by a new customer: Tesla has delivered its Tesla Semi, an electric semi truck, to a new customer for a ...
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Video shows 100mph drunk-driver Miley Connors who had child in car: A police officer said it was "one of the worst pieces of driving I have ever seen".
bbc.com/news/av/uk-england-oxfordshire-68835711
Quick Glance: Child Endangered: Driver Speeds at 100mph on Hard Shoulder
- A reckless driver accelerated to over 100mph on the hard shoulder, causing an accident and then exiting the vehicle to urinate as his child fled the car.
- Miley Connors, 37, drove down the M40 in December 2021 in a silver Mercedes-Benz SUV, a pursuit described by the police as the worst they had ever seen.
- Numerous calls were made to emergency services after other terrified drivers witnessed Connors driving on the motorway in Warwickshire.
- He then moved into Oxfordshire and Buckinghamshire, maneuvering in and out of traffic at high speed.
Tesla to cut 14,000 jobs as Elon Musk aims to make carmaker ‘lean and hungry’: Billionaire says ‘there is nothing I hate more’ than cutting staff as more than ...
theguardian.com/technology/2024/apr/15/tesla-cut-jobs-elon-musk-staff
Tesla layoffs include 14% of Buffalo workers, WARN notice shows
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Billionaire In-N-Out heiress Lynsi Snyder claims she went 'toe-to-toe' to keep prices down as Calif. fast food industry, prices slammed by minimum wage hike
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Tiny Spaces T&T addresses housing, real estate crises one unit at a time: WHAT if you can get a house for the same price as a vehicle?The team at Tiny Spaces ...
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Circus elephant startled by backfiring vehicle stops traffic: The sound of a vehicle backfiring spooked a circus elephant while she was getting a pre-show bath ...
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Woman starts Tesla update in the blazing sun and is then trapped: Cars get very hot in summer. A young woman from the USA had to experience this for herself ...
stern.de/auto/frau-startet-tesla-update-in-der-prallen-sonne-und-ist-danach-gefangen-34628428.html
America’s interest rates are unlikely to fall this year: That will squeeze financial markets and the world economy
economist.com/leaders/2024/04/17/americas-interest-rates-are-unlikely-to-fall-this-year
Ford recalls over 450,000 vehicles in US for issue that could affect battery, NHTSA says
usatoday.com/story/money/cars/recalls/2024/04/17/ford-recall-bronco-sport-maverick/73352450007/
SMRT bus driver, 58, dies after crashing vehicle into tree in Woodlands: No commuters were on board at the time of the accident.
straitstimes.com/singapore/smrt-bus-driver-58-dies-after-crashing-vehicle-into-tree-in-woodlands
Is it the right time to buy gold or wait as prices continue to soar: Is it the right time to buy gold as prices spiral?
timesofoman.com/article/144450-is-it-the-right-time-to-buy-gold-or-wait-as-prices-continue-to-soar
Business defaults soar as Australian house prices outpace the globe: Australian house prices are out-performing most of the world, even after inflation ...
smh.com.au/politics/federal/business-defaults-soar-as-australian-house-prices-outpace-the-globe-20240416-p5fk42.html
Cybertruck owners allege pedal problem as Tesla suspends deliveries: Owners will have to wait until April 20 for deliveries to resume.
arstechnica.com/cars/2024/04/tesla-stops-cybertruck-deliveries-accelerator-pedal-may-be-to-blame/
Quick Glance: Tesla Cybertruck: Pedal Safety Issues
- The Tesla Cybertruck has faced criticism for various issues, but now a serious safety concern with the accelerator pedal has led to the temporary halt of deliveries.
- A video and reports show that the pedal cover can come loose and jam, causing unintended acceleration even when the foot is not on the pedal.
- Deliveries have been halted, appointments rescheduled and canceled as Tesla investigates acceleration issues. A regulatory investigation looms over the company, potentially requiring a recall of all trucks.
- Some drivers have attempted to manually remove the pedal cover, indicating a potentially serious safety issue that cannot be resolved through software.
Firm unveils electric bus assembly line: Kenya Vehicle Manufacturers (KVM) has launched the first large-scale electric bus assembly line at its plant in Thika.
standardmedia.co.ke/business/business/article/2001493401/firm-unveils-electric-bus-assembly-line
How California fast food restaurants raised menu prices in response to $20 minimum wage
nypost.com/2024/04/16/business/california-fast-food-restaurants-raised-prices-due-to-minimum-wage/
International Monetary Fund: Germany in last place among industrialized nations (again)
spiegel.de/wirtschaft/unternehmen/konjunktur-deutschland-auf-dem-letzten-platz-der-industrienationen-schon-wieder-a-49d8a54b-1dbe-4406-a72b-604e1115b2b4
Xi Jinping says China’s exports are helping ease global inflation: Chinese president warns German Chancellor Olaf Scholz against ‘rise of protectionism’
ft.com/content/7cc89622-66a7-4b1c-9b2e-138f121a4731
Ringgit opens higher despite greenback strength: KUALA LUMPUR: The ringgit opened higher against the US dollar today although the greenback’s appeal as a ...
thestar.com.my/business/business-news/2024/04/17/ringgit-opens-higher-despite-greenback-strength
Stonka of a Tonka - and it's electric: The biggest electric vehicle of its kind has arrived in New Zealand — and it's right here in Otago.
odt.co.nz/business/stonka-tonka-and-its-electric
The tragedy which took the lives of 10 students: Samad Al Shan: Ten students aged between 10 and 15 years old died when their vehicle was washed away in a ...
omanobserver.om/article/1152370/oman/weather/the-tragedy-which-took-the-lives-of-10-students
Is It Time To Buy Gold Stocks And ETFs As Gold Futures Hit A High? Here's What Charts Show
investors.com/research/gld-stock-a-buy-right-now-heres-what-charts-show-2/
Why child care costs are soaring: Wages in the industry have risen fast in the last few years — but they're still pretty low.
axios.com/2024/04/16/child-care-costs
Concern for Bank of England as real earnings growth at highest rate since 2021: While the wage figures are good news for households on the face of it ...
news.sky.com/story/real-earnings-growth-at-its-highest-rate-in-nearly-two-and-a-half-years-13116319
Quick Glance: Rising Real Earnings Growth Raises Concerns at Bank of England
- An unexpectedly weaker decline in the pace of wage increases has led to real earnings growth reaching its highest level in nearly two and a half years when considering inflation, according to the latest official data.
- Recent official figures indicate that average regular pay without bonuses was at 6% in the three months to February compared to the previous year.
- The broader ONS statistics revealed an increase in the UK's unemployment rate from 3.9% to 4.2%, with caution due to ongoing efforts to enhance the reliability of employment data.
- The forthcoming inflation data expected on Wednesday is likely to demonstrate further progress towards the Bank's objectives and the potential for a decrease from the current 5.25% interest rate.
The shadow of war darkens on the global economy: Short-term performance has been surprisingly good but policymakers are walking on eggshells
ft.com/content/31158ec7-433b-4c0e-9f2e-8a13e8dd4750
What the key interest rates mean for savers: Inflation is falling - the ECB is heading for a possible first interest rate cut. Consumers could already be feeling ...
zdf.de/nachrichten/wirtschaft/ezb-leitzinsen-banken-sparer-kredite-100.html
The Fever Dream of Landing an Apartment: A woman with a young son started looking for a place before her lease expired, but even her most far-fetched solutions — ...
nytimes.com/2024/04/15/realestate/renters-queens-new-hyde-park.html
Here are the tax brackets to file your 2023 taxes: The tax brackets for Americans will shift upward for tax year 2023, following a series of rule adjustments to ...
thehill.com/business/4595268-here-are-the-tax-brackets-to-file-your-2023-taxes/
You might get more money in your Social Security check than expected next year: Here's why
foxbusiness.com/personal-finance/your-social-security-cola-increase-could-be-bigger-expected-next-year
United Airlines says hit by $200 million loss from Boeing grounding: United Airlines reported a first-quarter loss Tuesday due to the temporary grounding of some ...
english.alarabiya.net/business/aviation-and-transport/2024/04/17/united-airlines-says-hit-by-200-million-loss-from-boeing-grounding
Quick Glance: United Airlines cuts 2024 aircraft delivery plan
- United Airlines has reduced its aircraft delivery expectations for the year due to Boeing delays.
- The company plans to lease 35 Airbus A321neos in 2026 and 2027.
- United Airlines incurred a $200 million loss due to the temporary grounding of the Boeing 737 Max 9 in January.
- The company exceeded Wall Street's expectations for the first quarter.
Gross profiteering hits rental housing market as cost of living crisis bites deep
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