Based on uncertainty in the housing market, Americans are increasingly opting to sit on the sidelines and rent. In these spots, they're paying more than $1,000 a month for a median-priced home. These numbers were provided by Marcus and Millichap, an Encino, Calif.-based real estate investment firm. Its researchers looked at 2007 year-end rents in America's 40 largest cities, then estimated 2008 figures based on a combination of vacancy rates, new construction projects and job growth.
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