25.01.2012 - Vital signs: Rising rents

The cost of renting a home in the U.S is climbing. Rents for primary residences rose 2.5% year-over-year in December, according to the government’s consumer-price index. The pace of the increase in rents has picked up since the summer. Unemployment and tight lending standards have dissuaded some potential homebuyers and spurred demand from renters...............................................Full Article: Source

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