Archive For December 9, 2015

Why Are Rent Prices Rising So Quickly?

Why Are Rent Prices Rising So Quickly?

If you’re currently renting, you probably know that rental prices have increased significantly in the last couple of years.  In fact, inflation-adjusted rents increased 7% since 2001, whereas inflation-adjusted household income dropped 9% according to Harvard’s Center for Joint Housing Studies. As a result, nearly half of all renters can’t easily afford their monthly rent….

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