Warning: What follows is a long, dry, stat-heavy summary without much original commentary or insight. It’s here because putting this together helped me think through the subject better. Proceed at your own risk. Hopefully at least one other person will find it interesting… I came across an article a while back that I’m still trying to wrap my head around. It’s a wide-ranging piece on the Bloomberg site called Private Equity Has Too Much Money
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Landlords are required to follow rules while handling the money of their tenants. One of them relates to the security deposits that they collect when someone first moves in. Tenants are supposed to earn interest on their deposits at a rate defined by the state. For many years (since 2002) the state held the required security deposit interest rate at 1.5%. This page on the CT Department of Banking site shows the historical interest rates
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We recently listed this warm and lovingly preserved Victorian home in Hartford’s West End for rent. The home offers 5 bedrooms and 2.5 baths over 3,060 sqft. The first floor greets your guests with a large foyer and original molding throughout the level. Large living and dining rooms are perfect for entertaining, plus don’t miss the den with the rounded wall. The kitchen, large butler’s pantry, half bath, mudroom, and laundry area complete the first
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Right in the middle of Asylum Hill, just up the hill from Downtown, a new apartment option has opened at 210 Farmington Avenue in Hartford. Developer David Nyberg has restored the 1919 apartment house that was originally called The Ambassador (Noted as being added to the Asylum Hill Historic District on the bottom of page 14 in this Fall 2008 Hartford Preservation Alliance Newsletter). The white brick building contains 98 units that are about equally
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