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Rent Up 50% Since 1996 For Lower-Income Tenants

Rent Up 50% Since 1996 For Lower-Income Tenants

| Mar 31, 2016 | Uncategorized

Elizabeth Harris at Forbes examines recent data showing the spike in rent for lower-income families since 1996. Decline in homeownership among the middle and upper-income households has resulted in a limited supply for rental options. Additionally, median household expenditures increased across the board between 1996 and 2014.

 

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