Wall Street Journal staffer Chelsey Dulaney reports that apartment landlords continued to push through hefty rent hikes in the second quarter, squeezing U.S. households that already are struggling financially after four years of steady increases (paywall). Our take is that this is a classic tipping point in the for-sale recovery plot-line, as long as global capital begins to force its way into the mortgage credit markets, opening up loans to a more broadly dispersed universe of borrowers.

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