A nation still struggling to clear up one housing debacle has run smack into another — soaring rents.
Monday, May 7, 2012
Rents soar as foreclosure victims, young workers seek housing
Few new units and tight standards for home loans add to the pressure. The average monthly U.S. rent is at an all-time high, and a 10% jump in Los Angeles County over the next two years is forecast.
A nation still struggling to clear up one housing debacle has run smack into another — soaring rents.
A nation still struggling to clear up one housing debacle has run smack into another — soaring rents.
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